Standard Cognition, Corp. announced that it will issue 4,337,158 series C preferred shares at issue price of $40.349 per share for the gross proceeds $174,999,988.142 in funding on February 5, 2021. The shares are convertible, participating and non-cumulative. The shares carry non-cumulative dividend rate of 6% per annum. The shares will be convertible in common shares at a price of $40.349 per share. The round will be raised at post money valuation of $978,044,306. The company will receive $149,566,400 pursuant to exemption provided under Regulation D.