Tagged: accessories designer

Wolfgang Man disclosed information on its $370,000 debt issuance

Wolfgang Man & BeastWolfgang Man/Beast reported selling 92% of its debt issuance via a subscription which launched almost two weeks ago. According to the information disclosed, six subscribers ponied up $340,000 out of the $370,000 the company expected to raise. The company hasn’t previously offered unregistered securities.

Wolfgang Man/Beast markets and designs leashes and collars for dogs as well as a distinctive collection of wallets, belts, t-shirts and hoodies for their owners. The company focuses on quality and durable products made locally using only the finest American leathers and textiles.

The company, headquartered in Salt Lake City UT, was registered this year. Revenues remained undisclosed.
The executive team includes Jeremiah Murray and Todd Finney.

Wolfgang Man/Beast is registered under the name Wolfgang Man & Beast.

Offering recap
Status: First close
Company: Wolfgang Man/Beast
Industry: Other
Amount offered: $370,000
Amount placed: $340,000
First sale: 05-28-2014
Data as of: 06-03-2014


mYak USA raised 67% of its equity financing

myak usaAccording to information disclosed by mYak USA, $360,000 was subscribed by one investor on May 16th 2014. mYak USA capped the non-brokered equity financing at $537,000. $177,000 in additional funding can be raised before May 2015 based on the placement’s structure. This is the first time mYak USA is selling securities under a registration exemption.

mYak USA markets and designs a clothing and home accessory line crafted in Italy and woven from baby yak wool and Tibetan cashmere. The company buys its wool directly from nomadic Tibetan families.

Paola Vanzo (President) leads the Brooklyn NY based company which was registered in 2013. Revenues on or below $1 million were reported by mYak USA.

Offering recap
Status: First close
Company: mYak USA
Industry: Other
Amount offered: $537,000
Amount placed: $360,000
First sale: 05-16-2014
Data as of: 05-29-2014

Silicone accessory manufacturer for kids raised $133,000 in debt

A first close of $133,000 was initiated by Silikids on its fundraising effort started this month. 33% of the $400,000 non-brokered debt offering was placed with two investors. The private placement will remain open for a year while an additional $268,000 is raised by the company. This debt offering is the first time the company taps into the US private placement market. The debt offering’s expected net proceeds will amount to $376,000 which excludes $24,000 to be paid toward officers’ salaries.

Silikids designs and manufactures modern silicone accessories like bibs and sippy cups for children that appeal to parents. The new line is being released this fall.

Anastacia Feeley (Co-founder and CEO) leads the Traverse City MI based company which was registered in 2011. Revenues on or below $1 million were reported by Silikids for the latest fiscal year. The executive team includes Giuliana Schwab (Co-founder and COO).

Offering recap:
Status: First close
Company: Silikids
Industry: Manufacturing
Amount offered: $400,000
Amount placed: $133,000

Stealth wearable technology designer successfully placed $1 million equity offering

Ringly successfully completed its $1 million equity offering which started last month. The non-brokered private placement was subscribed by nine investors. No previous known private placement was initiated by the company in the US.

Ringly integrates wearable technology with fashionable jewelry and accessories. The company’s mission is to improve the way people interact with technology and with each other. Ringly strongly believes technology can blend in to the user’s environment and be both beautiful and useful. The financing round was backed by Mesa+, First Round Capital and Andreessen Horowitz.

Ringly, registered in 2013, is headquartered in Brooklyn NY. It is led by Christina Mercando (President). Revenues were not available for the latest reporting period.

Offering recap:
Status: Completed/Final close
Company: Ringly
Industry: Other Technology
Amount offered: $1,014,000
Amount placed: $1,014,000