Form D · Other

Magnetation, Inc.

Nashwauk, MN · CIK 0001484705

Offering snapshot reported Jun 15, 2010 · SEC filing

Reported sold
$1M
Offering amount: $3M
Investors reported
8
Form D · investor count
Minimum accepted
$24K
Reported outside-investor minimum
First sale
May 18, 2010
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$500K$1MMay 28, 2010: $549,000.00May 28, 2010Jun 15, 2010: $1,000,200.00Jun 15, 2010

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$549,000 → $1,000,200
  • Reported investors6 → 8

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 15, 2010Amendment$1,000,200$451,200vs May 28, 20108SEC filing
May 28, 2010Initial$549,000No comparison6SEC filing
Mar 2, 2010Amendment$641,000$75,000vs Feb 19, 20109SEC filing
Feb 19, 2010Initial$566,000No comparison8SEC filing

Offering details

Securities
Equity
Exemptions
06, 46
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-142712
There was no minimum offering. 1,000,200 units were sold and the offering was terminated by its terms on June 12, 2010.

Source: Form D, filed Jun 15, 2010. 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.

People and organizations reported in Form D filings
NameReported role
David Bednar Director
David Chappie Director, Executive
Alan Fritz Director
Thomas Hammerlund, Jr. Director
Thomas Hammerlund, Sr. Director
Rodney Hunt Promoter
Matthew Lehtinen Director, Executive
Larry Lehtinen Director, Executive
Hope Wilson Executive

Issuer details

Industry: Other (See others in industry)

Address:
832 First Street, #130
Nashwauk, MN, 55769