White Fox Ventures, Inc. announced a private placement of minimum of 1,000 SAFE Note and maximum of 10,000 SAFE Note at a price of $10 per safe security for minimum gross proceeds of $10,000 and maximum gross proceeds of $100,000 on December 14, 2023. The company is raising funding through crowd-funding platform truCrowd, Inc. The company will accept oversubscriptions in the transaction. The company will issue securities pursuant to exemptions provided under Regulation C. The transaction is expected to close on March 29, 2024.

The company will pay expenses of 8% of the gross proceeds in the transaction. The securities to be issued shall have a hold period of 1 year from the closing of the transaction.