Exactus, Inc. (OTCPK:EXDI) announced a private placement of 55,090 series A convertible preferred stock of par value of $0.0001 per share at a price of $1 per share for gross proceeds of $55,090 on January 9, 2019. The preferred shares are convertible into common shares at a fixed conversion price of $0.025 per share. The company will issue securities pursuant to exemption provided under Regulation D. Minimum investment accepted from any outside investor is $25,000.