Scientific Energy, Inc. announced that it has received $8.542074 million in funding
May 10, 2021
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Scientific Energy, Inc. (OTCPK:SCGY) announced that it has entered into a stock purchase agreement for a private placement of 17,084,148 shares at a price of $0.50 per share for gross proceeds of $8,542,074 on May 10, 2021. The transaction included participation from multiple accredited investors. All securities issued in the transaction are restricted.
Scientific Energy, Inc. is a mobile platform for ordering and delivery services for restaurants or other merchants. The Company operates in Macau and its businesses are built on its platform, Aomi App (the Platform). The Platform connects restaurants/merchants with consumers and delivery riders. It offers customers access to the Platform primarily through its mobile applications designed for iPhone, Android, and iPad devices. In addition to food, customers can also order grocery and other non-food merchandise through its Platform, Aomi Supermarket, such as fruits and vegetables, meat, poultry, eggs and milk, seafood and aquatic products, grain, oil, seasoning, snacks, beverages and other groceries. The Platform allows customers to direct delivery riders to purchase the desired merchandise at the Aomi Supermarket and deliver to them. The Company's subsidiaries include Macao E-Media Development Company Limited, a Macau Company and Gold Gold Gold Limited (3G), a Hong Kong company.
SCIENTIFIC ENERGY, INC. 
