Promithian Global Ventures, Inc. announced a private placement of minimum of 20,000 common shares at a price of $0.5 per share for gross proceeds of $10,000 and maximum of 2,500,000 shares at a price of $0.5 per share for gross proceeds of $1,250,000 on March 16, 2023. The company will raise the funding through crowd funding platform trucrowd.com. As part of the transaction, trucrowd.com will charge a fee equal to 8% of the gross proceeds, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the company in connection with the transaction.

The company will issue securities pursuant to exemption provided under Regulation C. The company will accept over-subscriptions. The transaction is expected to close by December 31, 2023.