Firefly launched a $500,000 mezzanine financing


fireflyWorldwide Networks (DBA Firefly) is in the market with a $500,000 non-brokered mezzanine placement. The placement, which hasn’t started to sell, is structured to close in May 2015 or once the placement is fully subscribed. The mezzanine offering’s estimated net proceeds will amount to $440,000 which excludes $60,000 to be paid toward officers’ salaries. This is the first time the company is filling a security offering under a registration exemption with the SEC.

The company developed and will launch an online dating platform that unlike its counterparts is focusing on introducing a small number of singles to one another. The social platform targets friends of friends, in other words singles that have a friend in common.

Clayton Spencer (CEO) leads the New York NY based company which was registered in 2013. Worldwide Networks kept its revenues undisclosed.

The executive team includes Jonathan Kieliszak.

Offering recap
Status: Launched
Company: Worldwide Networks
Industry: Other Technology
Amount offered: $500,000
Data as of: 05-02-2014

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