About Mississippi True
Mississippi True is a private company based in Ridgeland, Mississippi. It has reported $45,479,927 raised in two offerings on Form D since November 2016. Its chief executive is Ashley Thompson.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Apr 25, 2025 | May 22, 2025 | $5,479,927of $12.0M target | 8 | $684K | DebtRule 506(b) | Form D ↗ |
| Mar 1, 2017 | Nov 4, 2016amended Mar 14, 2017 | $40,000,000target not set | 16 | $2.5M | Debt, "Membership Units" consisting of membership interests of a nonprofit corporation and subordinated promissory notes (debt)Rule 506(b) | Form D/A ↗1 earlier filing |
| Total, two offerings | $45,479,927 | |||||
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 Mississippi True's Form D filed May 22, 2025.
Earlier filings also listed William Griffin (director, last listed Mar 2017), Timothy Moore (director, last listed Mar 2017), Ronald Humes (director, last listed Mar 2017), Richard Hilton (director, last listed Mar 2017), Morris Reece (chairman, last listed Mar 2017), Michael Carney (director, last listed Mar 2017), Mark Rishell (executive officer, last listed Mar 2017) and Kevin Cook (director, last listed Mar 2017).