XDATA – September 2nd 2014
O’Gara Group successfully completed a $5.75 million non-brokered equity financing round. A total of eight investors started to subscribe to the round on August 19th. The equity offering’s estimated net proceeds amount to $5.53 million excluding $220,000 earmarked for the payment of officers’ salaries. Two previous unregistered financing rounds raised an estimated $13.13 million.
The company is a global products and services organization focused on solutions to support homeland security, counter-terrorism, and low-intensity conflict.
The company is headquartered in Cincinnati OH. O’Gara Group elected to keep its revenues undisclosed.
The executive team includes Abram S Gordon, Michael J Lennon, Steven P Ratterman, Thomas M O’gara and Wilfred T O’gara.
The board of directors includes James M Gould, Mark Hauser, Michael J Egan, Theodore L Koenig and Zia Uddin.
The company has raised an estimated total of $18.88 million via private unregistered security offerings.
Company: O’Gara Group
Amount offered: $5.75 million
Amount placed: $5.75 million
First sale: 08-19-2014
Data as of: 09-02-2014