E-Waste Corp. (OTCPK:EWST) announced that it has entered into subscription agreements for private placement of 2,500,000 units at a price of $1 per unit for a total gross proceeds of $2,500,000 on April 12, 2021. The transaction included participation from three accredited investors. Each unit consists of one common stock and a warrant to purchase two additional common stock until January 31, 2023, at an exercise price of $4.50 per share. The company issued units pursuant to exemption provided under Rule 506 of Regulation D. The units issued in the transaction are deemed to be restricted securities. There were no finders’ fees payable in the transaction. The minimum investment accepted from any outside investor was $525,000.