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SciTech Development, Inc.

Updated Oct 29, 2026·Latest SEC filing Oct 15, 2024·Suggest an edit

About SciTech Development

SciTech Development is a private company based in Grosse Pointe Farms, Michigan. It has reported $469,538 raised in six offerings on Form D since August 2016.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Oct 1, 2024Oct 15, 2024$240,000of $3.0M target2$120KDebtRule 506(b)Form D ↗
Not yetMay 17, 2023$0of $3.0M target0—DebtRule 506(b)Form D ↗
Apr 12, 2022Apr 26, 2022$0of $2.0M target0—DebtRule 506(b)Form D ↗
Jul 15, 2019Jul 30, 2019$105,000of $250K target1$105KDebt, Securities on exercise, Convertible NoteRule 506(b)Form D ↗
Aug 13, 2018Aug 28, 2018$124,538of $1.2M target3$41,513DebtRule 506(b)Form D ↗
Not yetAug 23, 2016$0of $1.0M target0—DebtRule 506(b)Form D ↗
Total, six offerings$469,538

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 SciTech Development's Form D filed Oct 15, 2024.

LS
Lou Scarmoutzos
Executive officer
EH
Earl Holsapple
Executive officer, director and promoter

Earlier filings also listed Earle Holsapple (executive officer, director and promoter, last listed May 2023), Michael Burns (executive officer, last listed Jul 2019) and Don Zinn (executive officer, last listed Jul 2019).

Sources

  1. SECSciTech Development, Inc. filing history