KeyCare, Inc. announced that it will issue 4,621,428 series A preferred shares at a price of $6.4915 per share for gross proceeds of $29,999,999.8620 on April 5, 2022. The shares are convertible and non-redeemable. The shares are convertible into common shares of the company at a fixed conversion price of $6.4915 per share.

The company will issue securities pursuant to the exemption provided under Regulation D. The round is raised at a post money valuation of $53,613,772. The share are issued at a par value of $0.00001 per share.