About Auction Direct USA Delaware
Auction Direct USA Delaware is a private company based in Victor, New York. It has reported $15,004,440 raised in four offerings on Form D since October 2008. Its chief executive is Timothy Frank.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jul 24, 2023 | Aug 8, 2023 | $2,905,000of $3.0M target | 10 | $290K | Debt, OptionsRule 506(b) | Form D ↗ |
| Not yet | May 22, 2012 | $0of $8.5M target | 0 | — | Equity06 | Form D ↗ |
| Not yet | Feb 13, 2012 | $0of $4.0M target | 0 | — | Debt, Securities on exercise06 | Form D ↗ |
| Oct 1, 2008 | Oct 14, 2008 | $12,099,440of $13.0M target | 11 | $1.0M | Equity06 | Form D ↗ |
| Total, four offerings | $15,004,440 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Auction Direct USA Delaware's Form D filed Aug 8, 2023.
Earlier filings also listed Savino Nanula (director, last listed May 2012), Kevin Phelps (director, last listed May 2012), John Iannone (executive officer and director, last listed May 2012), D. Hoagey (chief financial officer and director, last listed May 2012) and Antonio Gabriele (director, last listed May 2012).