On June 6th, 2013 Motivideo Systems, Inc. (MOTV) announced that its board of directors had authorized the private sale of 1,000,000 shares of its common stock to qualified investors. The Company closed that offering in December 2013 having sold a total of 1,109,891shares which represents an over allotment of 109,891 shares which had been authorized by the board of directors. The aggregate receipts from the offering were ?261,168.
The issued share capital of Motivideo Systems, Inc. is 27,974,927.