Unacast, Inc.announced that it will issue 7,000,000 series B preferred shares at a price of $2.1486 per share for gross proceeds of $15,040,200 on January 3, 2018. The shares are convertible into common shares at a fixed conversion price of $2.1486 per share. The shares are convertible into common shares at a fixed conversion price of original issue price per share. The transaction is raised at post money valuation of $24,494,040.