During the past seven days, the Regulation D market expanded at a faster pace in terms of transactions while the pool of money raised grew at milder rate. Furthermore, the activity of the VC & SMB market expanded at a slower pace than the overall Regulation D market, though fundraising growth outpaced it.
Last week, the number of fundraising transactions increased by 15% to 223. Reg D issuers were significantly more bullish than before and offered the market $2.34 billion worth of securities, an improvement of 91%. Charting a similar path, investors purchased much more, subscriptions rocketed 122% to $1.89 billion.
“The activity of the VC & SMB market expanded, both fundraising and the activity grew at a faster pace than the overall Reg D market.
VC and operating companies captured 19% of the overall pool of money raised via Regulation D, yet they represented 46% of Form D filers during the seven days ending on May 27. Issuers fetched 97 cents for each dollar offered, representing an improvement of 52% for the period. Following a more stable trend, compliance scores on average reached 94.
During the week, the number of fundraising transactions increased by 8.7% to 225. Companies were much more bullish than before and offered the market $2.73 billion worth of securities, an improvement of 77%. Mirroring a similar path, investors acquired much more, subscriptions grew 282% to $2.64 billion.”
During the seven day period, the Regulation D market contracted at a slightly faster pace in terms of transactions while the pool of money raised shrank at an a milder clip. The activity of the VC & SMB market contracted in line with the overall Regulation D market trend though fundraising growth outpaced the overall Regulation D market.
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|XDATA – December 3rd 2015|
|According to information filed with the SEC, two investors participated on November 18th to Wave‘s equity fundraising. The brokered private placement was fully subscribed and raised $5.22 million. The private placement’s expected net proceeds will amount to $4.92 million excluding $300,000 paid in brokerage fees by the company. A total of six unregistered securities offerings closed by the company raised an estimated $37.38 million.
The company is registered in a foreign jurisdiction indicating the amount offered reported may only represent the portion of the placement earmarked by the company for US investors.
|Wave markets and develops free, cloud-based, integrated software and tools offered to small businesses. Modules include invoicing, accounting, payroll, and payments. Financial backers include Charles River Ventures, OMERS Ventures, and The Social+Capital Partnership.|
|The company, led by Kirk Simpson, is headquartered in Toronto Canada. Wave elected to keep its revenues undisclosed.
The executive team includes Rebecca Skvorc.
The board of directors includes Damien Steel, Devdutt Yellurkar, James Lochrie and Mamoon Hamid.
The company has raised an estimated total of $42.53 million via private unregistered security offerings.
Wave is registered under the name Wave Accounting.
Industry: Other Technology
Amount offered: $5.22 million
Amount placed: $5.15 million
SEC filing: Source
First sale: 11-18-2015
Data as of: 12-03-2015
Change: offered +0% / raised +425% / placed 70%
With these new equity securities sold, LocalLoop Global’s $750,000 private placement is, as of the filing date, 70% completed. A total of nine additional backers invested $425,000 in the company’s offering. The prior information, filed almost a year and a half ago, stated one investor had committed $100,000. LocalLoop Global’s offering has $225,000 left up for subscription. The offering is structured as indefinite and will remain open until fully subscribed. Up to now LocalLoop Global had raised an estimated $20,000 in unregistered securities via one financing round.
The company develops a certification program and web-based rating tools for local and small businesses. The company aims at providing an objective rating, fair consumer review monitoring and verification process backed by third party survey to avoid customers relying on fake business reviews. The company offers businesses a platform with reporting services, search engine optimized profile page and custom URL among other things.
The company, headquartered in Edmonds WA, is led by Shawn Tacey (President). Revenues on or below $1 million were reported by LocalLoop Global.
The executive team includes Jason C Gaylord.
The company has raised an estimated total of $545,000 via private unregistered security offerings.
Status: Intermediary close
Company: LocalLoop Global
Amount offered: $750,000
Amount placed: $525,000
First sale: 10-19-2012
Data as of: 04-10-2014