About Formula
Formula is a private company based in Dallas, Texas. It has reported $624,754 raised in three offerings on Form D since November 2015. Its chief executive is Michael McMackin.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Oct 7, 2022 | Jan 10, 2023 | $521,254of $10.0M target | 8 | $65,157 | EquityRule 506(b) | Form D ↗ |
| Sep 7, 2019 | Oct 1, 2019 | $103,500of $5.0M target | 1 | $103K | EquityRule 506(b) | Form D ↗ |
| Not yet | Nov 12, 2015 | $0target not set | 22 | $0 | Equity, Securities on exerciseRule 506(b) | Form D ↗ |
| Total, three offerings | $624,754 | |||||
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 Formula's Form D filed Jan 10, 2023.
JM
Joseph Mason
Executive officer
MM
Michael McMackin
CEO and director
DM
David McMackin
Executive officer and director
HK
Harold Keland
Director
AP
Art Porth
Executive officer