Sagoon’s second round MINI-IPO extended by 72 hours

Sagoon’s second round MINI-IPO campaign has been extended by 72 hours, starting from November 30th 2017 (NY TIME). The second round of crowd funding launched by Sagoon as per the JOBS Act 2012, popularly known as the Mini-IPO. Issuing a press statement published today, it state that, the number of new and prospective investors has tremendously increased as the campaign is nearing the deadline. Due to such high volume of entries, our site is experiencing a little delay in processing investment forms. Also, in some countries, mainly India and Australia, the banking institutions are having issues transferring incoming funds from our investors. On top of that, many of Sagoon’s well-wishers are requesting an extension to the investment deadline. Considering these unexpected circumstances, it has been decided to extend time. This extension will give our team some time to address the issues mentioned above, and an opportunity to all the prospective or undecided investors to invest via Sagoon’s website until midnight of December 3rd 2017 NY TIME. Please note that no more extensions will be allocated after the extended deadline.