Shop Diddo, Inc. announced that it will issue 4,557,143 series seed preferred shares at an issue price of $0.4663 per share for the gross proceeds of $2,124,995.7809, 455,761 series seed-1 preferred shares at an issue price of $0.373 per share for the gross proceeds of $169,998.853, and 504,642 series seed-2 preferred shares at an issue price of $0.9908 per share for the gross proceeds of $499,999.2936, for aggregate gross proceeds of $2,794,993.9275 on March 27, 2024. The preferred shares have a par value of $0.0001 per share. The preferred shares will be convertible into common shares at a fixed conversion price $0.4663, $0.373, and $0.9908 per share each respectively.

The company will issue securities pursuant to exemption provided under Regulation D. The round will be raised at a post money valuation of $5,466,785.