World Wireless Communications, Inc. announced that it will issue 10,000 SAFE units at a price of $1 per unit for minimum gross proceeds of $10,000 and will issue maximum of 100,000 SAFE notes at a price of $1 per unit for gross proceeds of $100,000 on June 1, 2022. The company is raising funding through crowd-funding platform truCrowd, Inc. The company will pay 8% fee to the crowdfunding platform on the amount raised. The company will accept oversubscriptions in the transaction.

The company will issue securities pursuant to exemptions provided under Regulation C. The securities issued in the transaction have a hold period of one year, post the closing. The transaction is expected to close on September 30, 2022.