Vemanti Group, Inc. announced that it has entered into an equity commitment agreement with Alpha Sigma Capital Fund, L.P for placement of common shares for gross proceeds of $2,000,000 on March 11, 2022. The company has also issued common share purchase warrant in the transaction. The price of shares shall be 85% of the average of the volume weighted average price (the “VWAP”) on the date on which the Investor informs the company that it intends to purchase shares.

The minimum investment accepted from any outside investor is $200,000. The company will issue securities pursuant to exemption provided under Regulation D. The securities issued will be subject to restriction period.