Crew32, Inc. announced that it will issue 14,000,000 series A-1 preferred stock at a price of $0.54523 per share for gross proceeds of $7,633,220 on January 11, 2017. The shares are convertible, non-cumulative, participating, and non-redeemable. The shares carry non-cumulative fixed dividend rate of 8% per share per annum. The shares will be convertible into common shares at a fixed conversion price of $0.54523 per share. The round will be raised at a post-money valuation of $15,454,882. The company will receive $7,250,000 pursuant to exemption provided under Regulation D.