The Alkaline Water Company received SEC qualification for a Tier 1 Regulation A offering of up to $10 million.
The offering allows the Company to proceed with a public offering of its common stock.
The offering price is set at $0.05 per share, with a total of up to 200,000,000 shares being offered.
SEC Approval
SEC has qualified the Company's Tier 1 Regulation A offering statement on Form 1-A.
Offering Details
Up to 200,000,000 shares offered at $0.05 per share, totaling up to $10,000,000.
Utilization of Proceeds
Net proceeds expected to be used for general working capital and corporate purposes.
- The SEC's qualification represents a significant milestone for the Company in accessing growth capital.
- It provides a compliant pathway to advance operational reset and strengthen the Company's position for long-term value creation.
The SEC qualification opens up new opportunities for The Alkaline Water Company to enhance its operations and financial stability.