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Public Sale of $1.73 Million in Common Stock by One Stop Systems

By group of individuals pursuant to Internal Revenue Code Section 1202

One Stop Systems, Inc. sold 1,000,000 shares of its common stock at $1.73 per share through Noble Capital Markets for gross proceeds of $1,730,000.

These newly issued shares were acquired by a group of individuals pursuant to Internal Revenue Code (IRC) Section 1202 which provides a tax incentive for taxpayers to invest in small businesses. The underlying purpose of this IRC section allows for capital gains exemption from federal income tax on the sale of small business stock that is held for at least five years. If such holding period requirements are met, a portion or all of the realized gains are excluded from federal tax.

We are pleased to complete these transactions that allow 1202-type investors with a potential long-term investment horizon to take a strong ownership position in OSS,” said Steve Cooper, president and CEO. “We chose the Amechanism because of the low banker fee structure of the transactions.”

These transactions incurred 1.5% commission fees, and did not include any discounts, warrants or other expenses that are common with other offering types.

Through Noble we are continuing to offer additional shares to other like-minded 1202 and other investors. We anticipate keeping this offering open for the next few months with a target to raise a total of $2.5 million, inclusive of these completed transactions.”

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