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CONFIDENTIAL PRIVATE PLACEMENT MEMORANDUM U R S U AN T O R U L E 5 0 6 O F T H E S E C U R I T I E S AC T O F 1 9 3 3 & JOBS ACT OF $201215,000,0007,500,000 Shares of Common Stock at $2.00 per ShareMinimum
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P U R S stands for Public Use Report System.
All entities that receive federal financial assistance are required to file P U R S.
P U R S can be filled out online on the designated government website, or through a paper form that can be submitted via mail.
The purpose of P U R S is to report on the use of federal financial assistance and ensure transparency and accountability.
Entities must report on how federal financial assistance funds were used, any outcomes or achievements resulting from the assistance, and any challenges faced.
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