Treat House sold a total of $1.1 million in a non-brokered equity investment round. The transaction which started almost two weeks ago, garnered the support of sixteen investors. No offering was previously initiated by the company under a registration exemption with the SEC.
Treat House designs, manufactures and markets gourmet treats made with crisp rice cereal and marshmallows. Treats go for $2 and don various shape such as pops and ice-cream bars and come in many flavors including chocolate-peanut butter and bubble gum. Its retail channels encompass its Upper West Side store in New York City and nation wide delivery via its website. Most treats are gluten-free and nut-free with homemade natural ingredients.
The company was registered in 2012 and has its headquarters located in New York NY. Treat House elected to keep its revenues undisclosed.
The executive team includes Chris Russell.
Treat House is registered under the name CJDE Treats.
Company: Treat House
Amount offered: $1.1 million
Amount placed: $1.1 million
First sale: 05-23-2014
Data as of: 06-02-2014
Gunpowder & Lace launched a $750,000 brokered equity offering based on information filed with the SEC. The subscription to the equity offering hasn’t started yet. The offering is structured to remain open until May 2015 or when the fundraising cap is reached, whichever one comes first. The private placement’s expected net proceeds will amount to $730,000 excluding $20,000 paid in brokerage fees by the company. This is the first time the company is filling a security offering under a registration exemption with the SEC.
Gunpowder & Lace manufactures and designs compression garments for women who have a conceal firearm carry permit. The garments are designed to provide slimming attributes while integrating a holster to allow women to carry their firearms.
Gunpowder & Lace, registered in 2014, is headquartered in Lambertville MI. It is led by Shanyn Stewart (President). Revenues on or below $1 million were reported by Gunpowder & Lace.
Company: Gunpowder & Lace
Amount offered: $750,000
Data as of: 05-29-2014
Late filer eSurface disclosed selling $3.95 million worth of equity securities as part of a new financing round. The financing which started to sell in April 2013 was subscribed in full by sixty-three investors. The offering’s structure suggests the placement was scheduled to close before April 2014. According to two concurrent filings, this is not the first time the company files unregistered securities with the SEC. It seems the company hasn’t released any information related to its fundraising activity until now.
eSurface commercializes and develops a proprietary patent-pending process that allows electronic circuits to be added to any type or shape substrate including unclad and non-planar. According to the company, the process eliminates the manufacturing etching processes which lowers costs by 65% as well as the creation of toxic waste by-product.
The company is headquartered in Carlsbad CA. eSurface elected to keep its revenues undisclosed.
The executive team includes David Benson, Doug Molyneux, Hsin-hsien Chung and William Wismann.
The board of directors includes Jon “kip” Hunter and Rowland Hanson.
eSurface has reported in concurrent filings closing two offerings which raised $11.26 million.
The company has raised an estimated total of $15.21 million via private unregistered security offerings.
eSurface is registered under the name EarthOne Circuit Technologies.
Industry: Other Technology
Amount offered: $3.95 million
Amount placed: $3.95 million
First sale: 04-22-2013
Data as of: 05-20-2014
Change: offered +0% / raised +160% / placed 100%
Nu-med Plus initiated the final close of its $130,000 equity offering. It appears the investor behind the close is the same as disclosed in the company’s latest filing six months ago. The investor’s original commitment stood at $50,000. Up to now Nu-med Plus had raised an estimated $125,000 in unregistered securities via one financing round.
The company develops and commercializes products around its proprietary nitic oxide gas formulation platform. According to the company, nitric oxide gas has the potential for treating diseases from malaria to the common cold. Inhaled nitric oxide dilates the pulmonary vessels, lowers pulmonary artery pressure, and restores ventilation/perfusion balance in the lungs without significantly affecting the systemic circulation or blood pressure.
The company, headquartered in Salt Lake City UT, is led by Jeffrey L Robins (CEO). No revenues were reported by the company.
The executive team includes Craig W Morrison and William Grant Moon.
In a concurrent filing, Nu-med Plus disclosed having raised $122,000 in a fully subscribed offering.
The company has raised an estimated total of $377,000 via private unregistered security offerings.
Company: Nu-med Plus
Amount offered: $130,000
Amount placed: $130,000
First sale: 10-28-2013
Data as of: 04-30-2014
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
Change: offered +76% / raised +76% / placed 100%
Zero Emission Energy Plants (DBA ZEEP) re-opened and closed its unregistered equity offering after increasing the placement’s size from $121,000 to $212,000. The offer closed after the company raised $91,000 from five additional investors within one month. At closing, a total of nine investors had subscribed to Zero Emission Energy Plants’ offering. The company closed fifteen unregistered private placements which raised an estimated $26.87 million.
The company is a producer of chemical grade methanol through the development of methanol projects using mature gas to liquids conversion technology. Its project development pipeline is concentrated on the US Gulf Coast exploiting low natural gas feedstock costs and leveraging leading infrastructure and market access.
The company, headquartered in Austin TX, is led by Ronald E Oligney (CEO). Zero Emission Energy Plants disclosed having revenues on or below $5 million.
The executive team includes Angela L Sandford, Bruce A Bernard and Philip E Lewis. The board of directors includes Bryce C Tingle and Jennifer D Whitley.
The company has raised an estimated total of $27.08 million via private unregistered security offerings.
Company: Zero Emission Energy Plants
Industry: Other Energy
Amount offered: $212,000
Amount placed: $212,000
First sale: 02-18-2014
Data as of: 03-24-2014
Change: offered +2165% / raised +2165% / placed 100%
In a document filed with the SEC, Prong reported placing an additional $1.47 million worth of equity securities. The company had previously disclosed raising $65,000. So far a total of twenty-nine investors acquired $1.47 million worth of securities. The offering is structured as on-going and indefinite. It was filed under security registration exemption rule 506 for which there is no fundraising cap. This is the first offering of unregistered securities under regulation D reported by Prong.
The company designs accessories for electronic devices. The flagship product of the company is the PocketPlug a mobile phone case for iPhone 4/5 and Galaxy S-III with an integrated charger. The case features retractable prong which enables users to plug the phone directly into an outlet for a quick recharge without using a cord. Additional features include a micro USB port, enhanced audio and quick charging technology. The case is sold for $69.95.
The company is headquartered in New York NY. Prong kept its revenues undisclosed.
The executive team includes Jesse Pliner and Lloyd Gladstone (Co-founders).
Industry: Other Technology
Amount offered: $1.47 million
Amount placed: $1.47 million
First sale: 01-07-2013
Data as of: 03-18-2014
Mojo Organics reported selling 83% or $835,000 of a new unregistered private offering. A total of eight investors subscribed on February 27th to the company’s $1 million non-brokered equity financing. Based on the offering’s structure, the company has until February 2015 to raise an extra $167,000. Two previous unregistered financing rounds raised an estimated $1.45 million. The company trades over the counter under the symbol “MOJO”.
The company develops, produces, markets and distributes “Chiquita Tropicals” fruit juice. The 100% fruit juice beverage is produced under a license agreement from Chiquita Brands. The beverage is made with Rainforest Alliance Certified fruits and has zero added sugar, no preservatives, is naturally low sodium, vegan, naturally gluten free, non-genetically modified, and kosher.
The company, headquartered in Jersey City NJ, is led by Glenn Simpson (CEO). Mojo Organics elected to keep its revenues undisclosed.
The board of directors includes Jeffrey A Devlin and Richard X Seet.
In a concurrent filing, Mojo Organics disclosed having raised $1 million in a fully subscribed offering.
The company has raised an estimated total of $3.29 million via private unregistered security offerings.
Status: First close
Company: Mojo Organics
Amount offered: $1 million
Amount placed: $835,000
First sale: 02-27-2014
Data as of: 03-14-2014
Change: offered +0% / raised +100% / placed 100%
Banded Horn Brewing Company initiated the final close of its $300,000 equity offering. A total of twenty-two investors participated to the subscription which garnered $300,000 in almost a year. The offering’s expected net proceeds amount to $250,000, excluding $50,000 earmarked for the payment of officers’ salaries. Unregistered securities don’t appear to have been filed previously with the SEC under regulation D. The company successfully raised $22,000 on Kickstarter in late 2013.
The craft brewery manufactures a variety of beers. Its year round release includes Bineary Double IPA, Pepperell Pilsner an unfiltered German pilsner, Veridian IPA and Norweald Stout a malty American stout. Its limited release includes The Mountain a Russian imperial stout. The company’s beers are too recent to communicate accurate ratings provided by the various beer rating websites.
The company, headquartered in Biddeford ME, was registered in 2013. Banded Horn Brewing Company kept its revenues undisclosed.
The executive team includes Ian Asher McConnell and Ron Graves (Founders).
Company: Banded Horn Brewing Company
Amount offered: $300,000
Amount placed: $300,000
First sale: 06-06-2013
Point6 initiated a final close after increasing by 5% its brokered equity offering and raising an additional $273,000 or 35%. The company first placed $625,300 with seven investors in August 2013 in an attempt to raise $1 million. At the close, twelve investors had subscribed to $1.05 million in equity securities. The offering was placed by CircleUp, a crowdfunding platform specialized in consumer products, with angel investors located in Colorado, Delaware, Kansas, Pennsylvania and Texas. This offering brings to $2.55 million the estimated amount raised by Point6 thus far. The private placement’s expected net proceeds amount to $1.02 million excluding $28,000 paid in fees to CircleUp.
The company designs and manufactures high performance merino wool socks for specific sports and outdoor activities ranging from cycling to construction. The company leverages a proprietary spinning process coupled with fine gauge needles’ knitting which produce superior sock with increased longevity. Merino wool is used for its natural thermo-regulation and moisture management properties.
The company is headquartered in Steamboat Springs CO. Point6 reported revenues on or below $5 million for the latest fiscal year and has less than fifty employees. The executive team includes Peter H. Duke (CEO), Patricia “Patty” F. Duke (Creative director) and Drew Williams (COO).
Status: Final close
Amount offered: $1.05 million
Amount placed: $1.05 million
First Sale: 08/20/13