IPO - Pacaso Inc.
Form Type: 253G2
Filing Date: 2025-02-28
Corporate Action: Ipo
Type: New
Accession Number: 000149315225008589
Filing Summary: Pacaso Inc. is offering up to $72,375,000 in shares of non-voting Class D common stock at $2.80 per share, increasing the price from a previous offering of $2.70. The company is also charging a 3.5% Investor Processing Fee which could total up to $2,625,000. The minimum investment required is $1,002.40. The offering does not have a minimum amount required and funds will be held in a segregated account until subscriptions are accepted. Closings will occur on a rolling basis, occurring no less frequently than every 30 days. The offering terminates on the earliest of a maximum amount subscription acceptance, three years from initial qualification by the SEC, or an earlier date chosen by the company. The company has engaged DealMaker Securities LLC for compliance-related functions but not for underwriting services. There are significant risks highlighted, including lack of market for the stock, the speculative nature of the investment, and potential changes in management controls which could affect the company's operations.
Document Link: View Document
Additional details:
Price Per Share: 2.80
Maximum Offering Amount: 75000000
Investor Processing Fee Total: 2625000
Minimum Investment With Fee: 1037.48
Class D Shares Authorized: 28957528
Max Fees To Broker: 3310000
Comments
No comments yet. Be the first to comment!