Form D · Other
Ads in Motion, Inc.
Morristown, NJ · CIK 0001403243
Offering snapshot reported Feb 17, 2011 · SEC filing
- Reported sold
- $1.59M Offering amount: $4M
- Investors reported
- 5 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Feb 8, 2011 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Feb 17, 2011 | Initial | $1,585,000 | No comparison | 5 | SEC filing |
Offering details
- Securities
- Equity, Debt, Option to acquire, Security to be acquired
- Exemptions
- 06
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-155571
The aggregate principal amount of the convertible debentures sold in the offering was $1,585,000. The gross proceeds from the offering were $1,458,200 after giving effect to the original issue discount of 8% on the principal amount.
Spencer Clarke received $30,000 and will receive common stock equal to 1% of the fully diluted common stock, cash equal to 10% of gross proceeds (including future exercises) and a warrant equal to 10% of shares issuable upon conversion of the securities.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Spencer Clarke | 41316 |
Source: Form D, filed Feb 17, 2011. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Christopher Carey | Director |
| Alison Carpinello | Executive |
| Jordan Glatt | Director, Executive |
Issuer details
Industry: Other (See others in industry)
Address:
159 South Street
Morristown, NJ, 07960
Morristown, NJ, 07960