STARTENGINE CROWDFUNDING, INC. announced a private placement of minimum of 1,333 common shares and maximum of up to 114,000 common shares at a price of $7.5 per common share for minimum gross proceeds of $9,997.5 and maximum gross proceeds of $855,000 on December 5, 2019. The company has entered into subscription agreement. The company is raising funding through crowd-funding platform truCrowd. The crowd funding platform will charge 6.5% commission. The minimum investment accepted is $195. The company will accept oversubscriptions in the transaction. The company will issue securities pursuant to exemptions provided under Regulation C and Regulation D. The company has engaged Prime Trust, LLC as an escrow agent to hold funds tendered by investors. The company may raise funds in multiple tranches. The round is raised at a pre money valuation of $120,000,000. The transaction is expected to close on December 5, 2020.