Dimensional Energy, Inc. announced that it will receive $33,148,790.8383 in funding on August 23, 2023. The company will issue 7,294,549 series A-1 preferred shares at an issue price of $3.4309 per share for gross proceeds of $25,026,868.1641, 1,465,181 series A-2 preferred shares at an issue price of $2.8591 per share for gross proceeds of $4,189,098.9971, 5,926,311 series A-3 preferred shares at an issue price of $0.5718 per share for gross proceeds of $3,388,664.6298 and 1,092,031 series A-4 preferred shares at an issue price of $0.4983 per share for gross proceeds of $544,159.0473 in the transaction. The preferred shares are issued at a par value of $0.0001 per share.

The preferred share are non-redeemable. The preferred share will be convertible into common shares at a fixed conversion price of $3.4309, $2.8591, $0.5718, and $0.4983 per share. The company will issue securities pursuant to exemption provided under Regulation D.