|XDATA – October 9th 2015|
|Rheonix disclosed selling 60% of its $36.5 million non-brokered equity offering to twenty-four investors. The sale started a little over a week ago according to the document filed at the SEC. $14.64 million in additional funding can be raised before September 2016 based on the placement’s structure. The company closed four previous unregistered private placements which raised an estimated $30.52 million.|
|Rheonix commercializes the Encompass Optimum platform, a highly customizable technology offering versatility and affordability for use in research laboratories. The platform performs fully automated, complex molecular assays in an easy-to-use and economical format on the company’s CARD cartridge. The company is backed by Cayuga Venture Fund, Gefinor Ventures and Rand Capital.|
|The company is headquartered in Ithaca NY. Rheonix elected to keep its revenues undisclosed.
The executive team includes Anthony Eisenhut, Christopher Smith, Gregory Galvin and John Brenner.
The company has raised an estimated total of $52.39 million via private unregistered security offerings.
Status: First close
Industry: Other Technology
Amount offered: $36.5 million
Amount placed: $21.86 million
SEC filing: Source
First sale: 09-29-2015
Data as of: 10-09-2015
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Academy Snowboard Co. raised $1 million from three financial backers one month ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
The company designs and manufactures high quality snowboards retailing for $359 and up. The company also organizes snowboard camps and offers collegiate scholarship programs.
The company, founded in 2003, is headquartered in Auburn CA. Revenues on or below $1 million were reported by Academy Snowboard Co..
The executive team includes Jeff Baughn.
The board of directors includes Jason Smith and Steve Baughn.
Company: Academy Snowboard Co.
Amount offered: $1 million
Amount placed: $1 million
First sale: 03-04-2014
Data as of: 03-27-2014