PCX Holding files details on its $94.5 million financing

pcx holding PCX Holding raised $94.5 million from three financial backers almost two weeks ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. Until this disclosure PCX Holding had raised an estimated $27.62 million in unregistered securities via one previous financing round.
The company is the parent of PCX Aerostructures, a manufacturer of complex dynamic and structural hard alloy components and assemblies for military and commercial aircraft. The entity was setup for the acquisition of SPX Corp’s precision components business by RFE Investment Partners and 24/6 Capital Partners in April 2014.
The company was registered in 2014 and has its headquarters located in New Canaan CT. PCX Holding elected to keep its revenues undisclosed.
The executive team includes Alan L Haase, Michael W Rubel and Peter Richard Reiter.
The board of directors includes Edward A Feuerstein.The company has raised an estimated total of $122.12 million via private unregistered security offerings.
Offering recap
Status: Completed
Company: PCX Holding
Industry: Other
Amount offered: $94.5 million
Amount placed: $94.5 million
SEC filing: Source
First sale: 12-23-2014
Data as of: 12-23-2014

For more information visit www.XDATA.co


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