[D] Universal Safety Products, Inc. SEC Filing
Universal Safety Products, Inc. filed a Form D claiming a Regulation D exemption under Rule 506(b) for a private offering of securities. The issuer is a Maryland corporation with principal offices in Owings Mills, MD. The offering size is $2,500,000, of which $1,000,000 has been sold and $1,500,000 remains available. The filing lists the types of securities offered as debt, options/warrants, and the securities issuable on exercise. The minimum outside investment is stated as $2,500,000, and the filing reports one investor to date. Sales commissions and finders鈥� fees are reported as $0. The issuer indicates the offering will not last more than one year and is not tied to a business combination.
Universal Safety Products, Inc. ha depositato un Form D invocando l'esenzione Regulation D ai sensi della Rule 506(b) per un'offerta privata di titoli. L'emittente 猫 una societ脿 del Maryland con sede principale a Owings Mills, MD. L'ammontare complessivo dell'offerta 猫 di $2.500.000, di cui $1.000.000 gi脿 sottoscritti e $1.500.000 ancora disponibili. Il deposito indica come titoli offerti debito, opzioni/warrant e i titoli emessi in esercizio. L'investimento minimo esterno 猫 indicato in $2.500.000 e al momento 猫 stato riportato un investitore. Le commissioni di vendita e i compensi per intermediari risultano pari a $0. L'emittente segnala che l'offerta non durer脿 pi霉 di un anno e non 猫 collegata a una combinazione aziendale.
Universal Safety Products, Inc. present贸 un Form D alegando la exenci贸n de la Regulation D conforme a la Rule 506(b) para una oferta privada de valores. El emisor es una corporaci贸n de Maryland con oficinas principales en Owings Mills, MD. El tama帽o de la oferta es de $2,500,000, de los cuales se han vendido $1,000,000 y quedan disponibles $1,500,000. La presentaci贸n enumera los tipos de valores ofrecidos como deuda, opciones/warrants y los valores emitidos al ejercerse. La inversi贸n m铆nima externa se indica en $2,500,000, y hasta la fecha se reporta un inversor. Las comisiones de venta y las tarifas de buscadores se informan como $0. El emisor indica que la oferta no durar谩 m谩s de un a帽o y no est谩 vinculada a una combinaci贸n empresarial.
Universal Safety Products, Inc.電� 靷爜 歃濌秾 鞝滌晥鞚� 鞙勴暣 Rule 506(b)鞐� 霐半ジ Regulation D 氅挫牅毳� 欤检灔頃橂┌ Form D毳� 鞝滌稖頄堨姷雼堧嫟. 氚滍枆須岇偓電� 氅旊Υ霝滊摐欤检棎 靹る霅� 氩曥澑鞙茧 欤茧悳 靷靻岆姅 Owings Mills, MD鞐� 鞛堨姷雼堧嫟. 瓿惦 齑濎暋鞚 $2,500,000鞚措┌ 鞚� 欷� $1,000,000臧 韺愲Г霅橃棃瓿� $1,500,000電� 鞎勳 雮晞 鞛堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 鞝滉车霅橂姅 歃濌秾 鞙犿槙鞙茧 攵毂�, 鞓奠厴/鞗岆煱韸� 氚� 頄夓偓 鞁� 氚滍枆霅橂姅 歃濌秾鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞕鸽秬 韴瀽 斓滌唽旮堨暋鞚 $2,500,000搿� 氇呾嫓霅橃柎 鞛堨溂氅� 順勳灛旯岇 1氇�鞚� 韴瀽鞛愱皜 氤搓碃霅橃棃鞀惦媹雼�. 韺愲Г 靾橃垬耄� 氚� 欷戧皽 靾橃垬耄岆姅 $0搿� 氤搓碃霅橃棃鞀惦媹雼�. 氚滍枆鞚胳潃 鞚� 鞝滌晥鞚� 1雲勳潉 齑堦臣頃橃 鞎婌潉 瓴冹澊氅� 旮办梾瓴绊暕瓿� 鞐瓣舶霅橃柎 鞛堨 鞎婋嫟瓿� 響滌嫓頄堨姷雼堧嫟.
Universal Safety Products, Inc. a d茅pos茅 un Form D en revendiquant une exemption Regulation D en vertu de la Rule 506(b) pour une offre priv茅e de titres. L'茅metteur est une soci茅t茅 du Maryland dont le si猫ge principal est 脿 Owings Mills, MD. Le montant de l'offre est de 2 500 000 $, dont 1 000 000 $ ont 茅t茅 vendus et 1 500 000 $ restent disponibles. Le d茅p么t indique les types de titres offerts comme 茅tant dette, options/warrants et les titres 茅mis 脿 l'exercice. L'investissement minimum externe est indiqu茅 脿 2 500 000 $, et un seul investisseur est d茅clar茅 脿 ce jour. Les commissions de vente et les frais d'interm茅diaires sont d茅clar茅s 脿 0 $. L'茅metteur pr茅cise que l'offre ne durera pas plus d'un an et n'est pas li茅e 脿 une op茅ration de fusion-acquisition.
Universal Safety Products, Inc. reichte ein Form D ein und machte dabei eine Regulation-D-Befreiung nach Rule 506(b) f眉r ein Privatangebot von Wertpapieren geltend. Der Emittent ist eine Gesellschaft aus Maryland mit Hauptsitz in Owings Mills, MD. Die Angebotsgr枚脽e betr盲gt $2.500.000, davon wurden $1.000.000 verkauft und $1.500.000 sind noch verf眉gbar. In der Meldung werden die angebotenen Wertpapierarten als Schuldtitel, Optionen/Warrants und die bei Aus眉bung auszugebenden Wertpapiere angegeben. Die Mindestau脽eninvestition wird mit $2.500.000 angegeben, und bisher wurde ein Investor gemeldet. Verkaufsprovisionen und Finder-Geb眉hren werden mit $0 angegeben. Der Emittent gibt an, dass das Angebot nicht l盲nger als ein Jahr laufen wird und nicht an eine Unternehmenszusammenf眉hrung gebunden ist.
- $1,000,000 of the $2,500,000 offering has already been sold, indicating partial subscription progress
- The issuer used Rule 506(b), a common Regulation D exemption that allows reliance on accredited investors without state registration in many cases
- No sales commissions or finders' fees reported, suggesting direct placement and reduced issuance costs
- Minimum outside investment of $2,500,000 severely limits participation and indicates a highly concentrated investor base
- Only one investor has invested so far, creating concentration risk and potential governance/control issues
- Offering remains $1,500,000 unsold, which may indicate limited market interest at the stated terms
Insights
TL;DR: Routine private placement under Rule 506(b) with $1.0M sold of a $2.5M offering; investor concentration and high minimums stand out.
The Form D indicates a small, targeted raise using a standard exemptive route (Rule 506(b)). Selling $1.0M so far against a $2.5M ceiling shows moderate traction but the stated $2.5M minimum investment implies participation is limited to a single large accredited investor or related parties, consistent with the filing showing one investor. No sales commissions were paid, which may reflect direct placement. For investors, material considerations are the concentration of ownership, offering size relative to the issuer's reported asset range ($5M鈥�$25M), and the securities mix including debt and exercisable instruments; these factors affect liquidity and capital structure but the filing provides no financial performance data.
TL;DR: The filing is a routine securities notice; governance implications center on concentrated investor exposure and related-party involvement of listed executives.
The Form D names executive officers and directors at the issuer鈥檚 address, suggesting insider-led fundraising. With only one investor reported and a very high minimum subscription, governance risks include potential control influence by a single investor and limited new investor oversight. The filing discloses $0 being allocated to payments to insiders. Overall, the disclosure is standard but highlights investor concentration and limited public participation.
Universal Safety Products, Inc. ha depositato un Form D invocando l'esenzione Regulation D ai sensi della Rule 506(b) per un'offerta privata di titoli. L'emittente 猫 una societ脿 del Maryland con sede principale a Owings Mills, MD. L'ammontare complessivo dell'offerta 猫 di $2.500.000, di cui $1.000.000 gi脿 sottoscritti e $1.500.000 ancora disponibili. Il deposito indica come titoli offerti debito, opzioni/warrant e i titoli emessi in esercizio. L'investimento minimo esterno 猫 indicato in $2.500.000 e al momento 猫 stato riportato un investitore. Le commissioni di vendita e i compensi per intermediari risultano pari a $0. L'emittente segnala che l'offerta non durer脿 pi霉 di un anno e non 猫 collegata a una combinazione aziendale.
Universal Safety Products, Inc. present贸 un Form D alegando la exenci贸n de la Regulation D conforme a la Rule 506(b) para una oferta privada de valores. El emisor es una corporaci贸n de Maryland con oficinas principales en Owings Mills, MD. El tama帽o de la oferta es de $2,500,000, de los cuales se han vendido $1,000,000 y quedan disponibles $1,500,000. La presentaci贸n enumera los tipos de valores ofrecidos como deuda, opciones/warrants y los valores emitidos al ejercerse. La inversi贸n m铆nima externa se indica en $2,500,000, y hasta la fecha se reporta un inversor. Las comisiones de venta y las tarifas de buscadores se informan como $0. El emisor indica que la oferta no durar谩 m谩s de un a帽o y no est谩 vinculada a una combinaci贸n empresarial.
Universal Safety Products, Inc.電� 靷爜 歃濌秾 鞝滌晥鞚� 鞙勴暣 Rule 506(b)鞐� 霐半ジ Regulation D 氅挫牅毳� 欤检灔頃橂┌ Form D毳� 鞝滌稖頄堨姷雼堧嫟. 氚滍枆須岇偓電� 氅旊Υ霝滊摐欤检棎 靹る霅� 氩曥澑鞙茧 欤茧悳 靷靻岆姅 Owings Mills, MD鞐� 鞛堨姷雼堧嫟. 瓿惦 齑濎暋鞚 $2,500,000鞚措┌ 鞚� 欷� $1,000,000臧 韺愲Г霅橃棃瓿� $1,500,000電� 鞎勳 雮晞 鞛堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 鞝滉车霅橂姅 歃濌秾 鞙犿槙鞙茧 攵毂�, 鞓奠厴/鞗岆煱韸� 氚� 頄夓偓 鞁� 氚滍枆霅橂姅 歃濌秾鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞕鸽秬 韴瀽 斓滌唽旮堨暋鞚 $2,500,000搿� 氇呾嫓霅橃柎 鞛堨溂氅� 順勳灛旯岇 1氇�鞚� 韴瀽鞛愱皜 氤搓碃霅橃棃鞀惦媹雼�. 韺愲Г 靾橃垬耄� 氚� 欷戧皽 靾橃垬耄岆姅 $0搿� 氤搓碃霅橃棃鞀惦媹雼�. 氚滍枆鞚胳潃 鞚� 鞝滌晥鞚� 1雲勳潉 齑堦臣頃橃 鞎婌潉 瓴冹澊氅� 旮办梾瓴绊暕瓿� 鞐瓣舶霅橃柎 鞛堨 鞎婋嫟瓿� 響滌嫓頄堨姷雼堧嫟.
Universal Safety Products, Inc. a d茅pos茅 un Form D en revendiquant une exemption Regulation D en vertu de la Rule 506(b) pour une offre priv茅e de titres. L'茅metteur est une soci茅t茅 du Maryland dont le si猫ge principal est 脿 Owings Mills, MD. Le montant de l'offre est de 2 500 000 $, dont 1 000 000 $ ont 茅t茅 vendus et 1 500 000 $ restent disponibles. Le d茅p么t indique les types de titres offerts comme 茅tant dette, options/warrants et les titres 茅mis 脿 l'exercice. L'investissement minimum externe est indiqu茅 脿 2 500 000 $, et un seul investisseur est d茅clar茅 脿 ce jour. Les commissions de vente et les frais d'interm茅diaires sont d茅clar茅s 脿 0 $. L'茅metteur pr茅cise que l'offre ne durera pas plus d'un an et n'est pas li茅e 脿 une op茅ration de fusion-acquisition.
Universal Safety Products, Inc. reichte ein Form D ein und machte dabei eine Regulation-D-Befreiung nach Rule 506(b) f眉r ein Privatangebot von Wertpapieren geltend. Der Emittent ist eine Gesellschaft aus Maryland mit Hauptsitz in Owings Mills, MD. Die Angebotsgr枚脽e betr盲gt $2.500.000, davon wurden $1.000.000 verkauft und $1.500.000 sind noch verf眉gbar. In der Meldung werden die angebotenen Wertpapierarten als Schuldtitel, Optionen/Warrants und die bei Aus眉bung auszugebenden Wertpapiere angegeben. Die Mindestau脽eninvestition wird mit $2.500.000 angegeben, und bisher wurde ein Investor gemeldet. Verkaufsprovisionen und Finder-Geb眉hren werden mit $0 angegeben. Der Emittent gibt an, dass das Angebot nicht l盲nger als ein Jahr laufen wird und nicht an eine Unternehmenszusammenf眉hrung gebunden ist.