Datacentrex, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds During the three months ended March 31, 2024, the Company issued 19,000 shares of common stock with a fair market value of $157,320 for services rendered and to be rendered to the Company. During the three months ended March 31, 2024, the Company conducted the final closing of its qualified offering under Regulation A+, for which it issued 36,256 shares of common stock for proceeds of $161,846, net offering expenses of $1,789. During the three months ended March 31, 2024, the Company issued 8,340 shares of common stock for the conversion of 556 shares of Series A preferred. During the three months ended March 31, 2024, the Company issued 2,675 shares of Series A Preferred Stock as a dividend pursuant to the Certificate of Designation of the Company’s Series A Preferred Shares. During the three months ended March 31, 2024, the Company issued 3,800 shares of the Company’s Series B Preferred Stock at $50 per share for a subscription in the amount of $190,000. Item 3. Defaults upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.