Sequoia Capital Operations LLC announced a private placement of minimum of 50,000,000 common shares at a price of $0.00020 per share for gross proceeds of $10,000 and maximum of 600,000,000 common shares at a price of $0.00020 per share for gross proceeds of 120.000 on May 19, 2024. The company will raise the funding through crowd funding platform Silicon Prairie Online LLC . As part of the transaction, Silicon Prairie Online LLC will charge a fee equal to 5% and 5,000 of the gross proceeds, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the company in connection with the transaction.

The company will issue securities pursuant to exemption provided under Regulation CF. The securities to be issued will be subject to transfer restrictions for a period of 12 months. The company will accept over-subscriptions.

The transaction is expected to close on September 30, 2024.