Form D · Commercial Banking
Southern Bankshares, Inc. / GA
Claxton, GA · CIK 0002023467
Offering snapshot reported Jul 24, 2024 · SEC filing
- Reported sold
- $20M Offering amount: $20M
- Investors reported
- 90 Form D · investor count
- Minimum accepted
- $25K Reported outside-investor minimum
- First sale
- Jun 14, 2024 As reported in this filing
Fundraising history
Reported soldDates 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$19,108,585 → $20,000,006
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jul 24, 2024 | Amendment | $20,000,006 | $891,421vs Jun 27, 2024 | 90 | SEC filing |
| Jun 27, 2024 | Initial | $19,108,585 | No comparison | 90 | SEC filing |
Offering details
- Securities
- Equity
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $40.5K
- Finders' fees
- $0
- Form D file number
- 021-517100
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Drew Stelling | 581197 | Allen C. Ewing & Co. · CRD 26102 |
Source: Form D, filed Jul 24, 2024. 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 |
|---|---|
| Robert Mossler Clements | Director |
| George Egan | Director |
| Don Glisson | Director |
| Val Holton | Executive |
| Jerry Lane | Director |
| Paul Parker | Director |
| Michelle Pollard | Executive |
| Ross Singletary | Director |
| John Surface | Director |
| Scott Verlander | Director, Executive |
Issuer details
Industry: Commercial Banking (See others in industry)
Address:
121 W Main St
Claxton, GA, 30417
Claxton, GA, 30417