Form D · Commercial Banking
Potomac Bancshares, Inc.
Charles Town, WV · CIK 0001745237
Offering snapshot reported Jul 2, 2018 · SEC filing
- Reported sold
- $372K Offering amount: $10M
- Investors reported
- 7 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jun 15, 2018 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 |
|---|---|---|---|---|---|
| Jul 2, 2018 | Initial | $372,372 | No comparison | 7 | SEC filing |
Offering details
- Securities
- Equity
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $560K (estimated)
- Finders' fees
- $0
- Form D file number
- 021-315940
Broker will receive 2.0% of the gross proceeds of the offering sold to insiders and shareholders of Potomac Bancshares, Inc., plus 6.0% of the gross proceeds of the offering on sales to all other investors. This is an estimate.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Boenning & Scattergood, Inc. | 100 | Boenning & Scattergood, Inc. · CRD 100 |
Source: Form D, filed Jul 2, 2018. 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 |
|---|---|
| Alice P. Frazier | Executive |
Issuer details
Industry: Commercial Banking (See others in industry)
Address:
111 East Washington Street
Charles Town, WV, 25414
Charles Town, WV, 25414