One financial backer invested $250,000 in return for unregistered equity securities issued by BigRentz. The transaction completed one month ago via a non-brokered private placement. No offering was previously initiated by the company under a registration exemption with the SEC.
The company developed a full-service online broker for competitively-priced rental equipment targeting construction professionals and businesses. The website offers a one-stop shop to locate heavy equipment ranging from forklifts and backhoes to power generators and portable welders in almost every city in America.
The company, headquartered in Irvine CA, was registered in 2012. BigRentz elected to keep its revenues undisclosed.
The executive team includes Dallas Imbimbo and Nicholas Kovacevich.
The board of directors includes Stephen Jesson.
Amount offered: $250,000
Amount placed: $250,000
First sale: 02-04-2014
Data as of: 03-21-2014