Homee, Inc. announced that it will 4,483,711 series B-1 preferred stock at an issue price of $4.46059 per share for gross proceeds of $19,999,996.45 on September 17, 2021. The securities will be convertible into common shares at a fixed conversion price $4.46059 per share. The company will issue securities of $17,149,987 pursuant to exemption provided under Regulation D. The shares are convertible, participating, non-redeemable and non-cumulative.

The shares carry non-cumulative dividend rate of 8% per annum. The round is raised at a post-money valuation of $153,303,435.