Form D · Other

SpendSmart Payments Co

Des Moines, IA · CIK 0001062273

Offering snapshot reported Mar 18, 2014 · SEC filing

Reported sold
$12.2M
Offering amount: $15M
Investors reported
147
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Feb 11, 2014
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$6.11M$12.2MFeb 24, 2014: $6,440,729.00Feb 24, 2014Mar 18, 2014: $12,217,186.00Mar 18, 2014

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$6,440,729 → $12,217,186
  • Reported investors86 → 147

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 18, 2014Amendment$12,217,186$5,776,457vs Feb 24, 2014147SEC filing
Feb 24, 2014Initial$6,440,729No comparison86SEC filing
Nov 5, 2013Initial$500,000No comparison2SEC filing
Jul 26, 2013Initial$1,490,715No comparison117SEC filing
Dec 14, 2012Initial$5,487,990No comparison62SEC filing
Aug 1, 2012Amendment$10,146,431$390,000vs Jun 29, 201297SEC filing
Jun 29, 2012Amendment$9,756,431$3,815,000vs Jun 5, 201292SEC filing
Jun 5, 2012Amendment$5,941,431$5,712,431vs Feb 24, 201263SEC filing
Feb 24, 2012Initial$229,000No comparison6SEC filing
Dec 2, 2011Amendment$4,708,500$2,166,000vs Oct 25, 201139SEC filing
Oct 25, 2011Initial$2,542,500No comparison17SEC filing
Jun 6, 2011Initial$7,000,000No comparison1SEC filing
Nov 26, 2010Amendment$3,036,080-$3,513,920vs Nov 22, 2010103SEC filing
Nov 26, 2010Initial$3,455,620No comparison37SEC filing
Nov 22, 2010Amendment$6,550,000$4,800,700vs Mar 17, 2010140SEC filing
Mar 17, 2010Amendment$1,749,300$1,411,800vs Sep 17, 200953SEC filing
Sep 17, 2009Initial$337,500No comparison23SEC filing
Jan 6, 2009PaperNot reportedNo comparisonNot reportedSEC filing
Jun 23, 2008PaperNot reportedNo comparisonNot reportedSEC filing
Nov 2, 2007PaperNot reportedNo comparisonNot reportedSEC filing

Offering details

Securities
Equity, Option to acquire, Other
Exemptions
06b
Duration over one year
No
Business combination
Yes
Sales commissions
$1.22M
Finders' fees
$0
Form D file number
021-212399
Convertible Preferred Stock and Warrant
Warrants to purchase shares of Company Common Stock.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Maxim Group LLC12078

Source: Form D, filed Mar 18, 2014. 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
Isaac Blech Director
James P. Collas Director, Executive
Rob De Santis Director
William Hernandez Ellsworth Director, Executive
David Horin Executive
Jesse Itzler Director
Patrick Kolenik Director
Ka Cheong Christopher Leong Director
Michael Robert Mc Coy Director
Alex Minicucci Director, Executive
Chris Nicolaidis Director, Executive
Kim Petry Executive
Joseph Proto Director
Jerold Rubinstein Director
Mark Sandson Director
Jonathan Drew Shultz Executive
Cary Sucoff Director
Brian Joseph Thompson Director

Issuer details

Industry: Other (See others in industry)

Address:
2680 Bershire Parkway Suite 130
Des Moines, IA, 50325