Global Cloud Fleet Inc. Completes Private Placement of Redeemable Convertible Securities

Global Cloud Fleet Inc.

Represented Global Cloud Fleet Inc. in completing the initial closing of a private placement of Redeemable Convertible Securities.  Global Cloud Fleet Inc. intends to use the net proceeds from the offering for general corporate purposes.

Global Cloud Fleet Inc. is a San Diego-based provider of innovative services, high-quality manufacturing, and global sourcing of high-quality components and products related to GPS vehicle and asset tracking solutions.