My City Builders Inc. has announced the completion of a private placement, issuing 1,650,000 shares of its common stock at $0.05 per share to two accredited investors. The transaction, which raised total gross proceeds of $82,500, was conducted without registration under the Securities Act of 1933, relying on exemptions provided by Section 4(a)(2) and Rule 506(b) of Regulation D. The shares are classified as restricted securities under Rule 144 and are subject to resale limitations. No underwriting discounts or commissions were paid in connection with the sale.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. My City Builders Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001640334-25-002314), on December 12, 2025, and is solely responsible for the information contained therein.
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