IPO - Pacaso Inc.

Form Type: 253G2

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225012933

Filing Summary: On May 30, 2025, Pacaso Inc. filed Offering Circular Supplement No. 6 to amend its previously filed Offering Circular dated February 28, 2025. The primary purpose of this supplement is to increase the offering price of its non-voting Class D common stock from $2.80 to $2.90 per share. The company is aiming to raise up to $72,375,000 by offering up to 16,262,032 shares. Additionally, an Investor Processing Fee of 3.5% applies to investment amounts, potentially bringing in an extra $2,625,000. There are no minimum offering amounts, and investors' funds will be held in a segregated account until subscriptions are accepted. The offering will terminate when the maximum offering amount is reached, three years from the qualification date, or at an earlier date chosen by the company. Closings will happen on a rolling basis within two calendar days after the amended Offering Circular is qualified by the SEC. The document emphasizes the speculative nature of this investment, its risks, and the rules governing qualified purchasers.

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.