About Lineus Medical
Lineus Medical is a private company based in Fayetteville, Arkansas. It has reported $6,159,490 raised in six offerings on Form D since May 2015. Its chief executive is Lemuel Clement.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Feb 23, 2026 | Mar 10, 2026 | $496,000of $2.7M target | 2 | $248K | EquityRule 506(b) | Form D ↗ |
| Dec 13, 2019 | Dec 23, 2019amended Jun 16, 2021 | $3,000,000of $4.1M target | 30 | $100K | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Jun 15, 2018 | Jun 15, 2018amended Jun 6, 2019 | $1,095,000of $1.2M target | 25 | $43,800 | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Feb 27, 2017 | Mar 3, 2017 | $618,490of $1.3M target | 6 | $103K | EquityRule 506(b) | Form D ↗ |
| Oct 20, 2015 | Oct 28, 2015amended Dec 15, 2015 | $850,000fully sold | 7 | $121K | OptionsRule 506(b) | Form D/A ↗1 earlier filing |
| May 11, 2015 | May 26, 2015 | $100,000fully sold | 3 | $33,333 | OptionsRule 506(b) | Form D ↗ |
| Total, six offerings | $6,159,490 | |||||
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 Lineus Medical's Form D filed Mar 10, 2026.
Earlier filings also listed Vance Clement (chief executive officer and director, last listed Jun 2021), Spencer Jones (executive officer and director, last listed Jun 2021), Gary Stevenson (director, last listed Jun 2021), Chris Scalet (director, last listed Jun 2021) and David DePoyster (director, last listed Dec 2015).