Group14 Technologies, Inc. announced that it has issued 10,000,000 series B preferred share at a price of $1.7126 per share for gross proceeds $1,7126,000 in a round of funding on December 3, 2020. The shares will be convertible in common shares at a fixed conversion price of $1.7126 per share. The shares are convertible, non-redeemable and non-cumulative.