ZEUUS Inc. (OTCMKTS:ZUUS) Stock Continues to Trade in a Narrow Range

ZEUUS Inc. (OTCMKTS:ZUUS) ended flat in the last session after the diversified data-centric firm revealed that the SEC had approved its Offering Statement on Form 1-A for a $75 million capital raise.

Market Stats

On Monday, ZUUS stock ended flat at $60 with 45 shares, compared to its average volume of 3 shares. The stock has moved within a range of $60.00 – 60.00 after opening trading at $60.

ZEUUS Inc. $75,000,000 Capital Raise Goes Live

Following the qualification of the offering, interested investors can invest at least $1000. CEO and President Bassam Al-Mutawa stated that they are delighted to get the Notice of Qualification from the Securities Commission for the Offering Statement on Form 1-A, looking to raise around $75 million. Bassam added that the company is now ready for its next growth phase.

According to the terms of Regulation A Offering, ZEUUS plans to use proceeds of the capital raise to acquire and refurbish three data centers, construct new data centers, and acquire and/or construct a new manufacturing facility for the company’s Wind Turbine tech.Also, part of the proceeds will be sued in making strategic purchases in green tech opportunities and for general corporate purposes and working capital agreements. So, investors should watch ZUUS in the coming days.

Key Quote

Mr. Bassam Al Mutawa, Chief Executive Officer and President of ZEUUS, commented:

“We are thrilled to receive Notice of Qualification form the SEC for our Offering Statement on Form 1-A seeking to raise up to $75,000,000. We believe that our company is ready for our next stage of growth.”