Following on the footsteps of it recently-closed and oversubscribed seed investment round, Jostle has opened up further preferred equity to a limited number of qualified investors.
CEO Brad Palmer explained "Thanks to our building momentum, we have been approached by a number of individuals wanting to become Jostle shareholders. Taking in to consideration our overall commercialization plan, the Board has opened a new investment round. Because we need to keep our total number of non-employee shareholders under 50, we will be accepting a maximum of five new shareholders."
Candidate investors need to submit share subscriptions on or before 2010 December 31.
Contact: Brad Palmer, CEO firstname.lastname@example.org 778-968-1556