$10.1 million financing final close reported by late filer LoadSmart


XDATA – June 21st 2017
Late filer LoadSmart reported the successful completion of its $10.1 million unregistered debt financing. All the securities were subscribed by three investors. First commitments were received a year ago. The offering’s structure suggests the placement was scheduled to close before June 2017. A prior unregistered securities offering which raised an estimated $3 million was completed by the company.
LoadSmart markets and develops a trucking logistics and freight brokerage platform.
The company, headquartered in New York NY, is led by Ricardo Salgado (CEO). LoadSmart kept its revenues undisclosed.

The company has raised an estimated total of $13.1 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: LoadSmart
Industry: Other Technology
Amount offered: $10.1 million
Amount placed: $10.1 million
SEC filing: Source
First sale: 06-21-2016
Data as of: 06-21-2017
Similar transactions
2017-06 Vantage Freight placed its mezzanine financing in full
2017-02 Shiplify reports the successful completion of its equity issuance
2016-07 AuptiX files for first close after raising 91%
2016-05 BridgeHaul files offering’s details after placing 60% with investors
2016-02 Sontra launched a $2.3 million offering and placed 49%
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