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Vertical Data Secures $4.12 Million in Clean Equity Raise

Vertical Data Secures $4.12 Million in Clean Equity Raise

Las Vegas-based AI infrastructure firm Vertical Data Inc. has closed a $4.12 million private placement, selling 1,373,152 shares of common stock at $3.00 per share. By opting for a non-brokered structure devoid of warrants or convertible securities, the company has bypassed typical equity-linked dilution to bolster its working capital.

Deven Soni, Chairman and CEO of Vertical Data, framed the clean capital raise as a deliberate reflection of the company’s internal philosophy. By avoiding placement agent fees and complex instruments, the firm maintains a straightforward balance sheet while scaling its three-pronged business model: GPU provisioning, hardware financing, and data center management.

The shares were placed with accredited investors and international participants under Section 4(a)(2) of the Securities Act and Regulation S. Vertical Data now plans to file a registration statement with the U.S. Securities and Exchange Commission within 90 days to facilitate the resale of these shares, providing a pathway for liquidity while the company continues to deploy capital into its enterprise infrastructure platforms.

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