Mangomint, Inc. announced that it will issue 1,244,762 series A preferred shares at a price of $5.4441 per shares for gross proceeds of $6,776,609 in funding on March 18, 2022. The shares are convertible into common shares at a fixed conversion price of $5.4441 per shares. The shares are non-redeemable.

The company will issue securities for $6,749,988 pursuant to exemption provided under Regulation D. The round is raised at a post money valuation of $17,240,387.