Date: 1st December, 2017
Sagoon extends the second funding round by 72 hoursMore than 3,000 people have invested in Sagoon so far.
Washington DC, December 1, 2017 - The second round of crowd funding launched by Sagoon as per the JOBS Act 2012, popularly known as the Mini-IPO, was originally scheduled to end on November 30th 2017 at midnight New York Time.
The number of new and prospective investors has tremendously increased as the campaign is nearing the deadline. Due to such high volume of entries, our site is experiencing a little delay in processing investment forms. Also, in some countries, mainly India and Australia, the banking institutions are having issues transferring incoming funds from our investors. On top of that, many of Sagoon’s well-wishers are requesting an extension to the investment deadline.
Considering these unexpected circumstances, it has been decided that Sagoon’s second round MINI-IPO campaign has been extended by 72 hours, starting from November 30th 2017 (New York TIME). This extension will give our team some time to address the issues mentioned above, and an opportunity to all the prospective or undecided investors to invest via Sagoon’s website until midnight of December 3rd 2017 New York TIME. Please note that no more extensions will be allocated after the extended deadline.
Lastly, we, the Sagoon team, would like to thank everybody for believing and supporting our cause.
For more information, please visit: https://www.sagoon.com/invest.
Sagoon is an early-stage social commerce platform that offers users a chance to make money while socializing. The word “Sagoon” is derived from the Sanskrit word “Shakuna”, meaning “an auspicious moment” or “good luck”. Sagoon was first launched as a search engine in 2009, but developed into a social commerce platform in 2014.
United States of America
An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement, which only means that the company may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement at https://www.sec.gov/Archives/edgar/data/1639953/000114420417037373/v471033_partiiandiii.htm
You should read the offering circular before making any investment.