Adams Arms
Odessa, US · Founded 2012 · Florida LLC
Founders & leadership
JG
James GrangerVP, Sales & Product Development and Manager
MK
Michael K FroningPresident, CEO and Manager of the Company
Board
DS
Darrell SmithBoard director
MM
Michael MargoliesBoard director
RE
Raymond E PurcellBoard director
MS
Michael StarcherBoard director
Reported raises · per SEC filings
Form D private placements$10.5M disclosed across 3 rounds · 2016–2017
▶$1.5MraisedSep 2017 · 1 investors · ManufacturingRule 506(b)
▶$1.5MraisedSep 2017 · 1 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Michael MargoliesDirector
- James GrangerExecutive Officer, Director
- Paul MillerExecutive Officer, Director
- Ian BeadleDirector
- Offering amount
- $2.5M
- Amount sold
- $1.5M
- Sales commissions
- $95.9K
- Placement agents
- Wilmington Capital Securities, LLC
- First sale
- Sep 2017
- Incorporated
- Limited Liability Company, Florida, 2012
- Federal exemptions
- 06b
▶$2.5MraisedMar 2017 · 13 investors · ManufacturingRule 506(b)
▶$2.5MraisedMar 2017 · 13 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Paul MillerExecutive Officer, Director
- Michael MargoliesDirector
- James GrangerExecutive Officer
- Ian BeadleDirector
- Offering amount
- $3.5M
- Amount sold
- $2.5M
- Sales commissions
- $165.8K
- Placement agents
- Wilmington Capital Securities, LLC
- First sale
- Mar 2017
- Incorporated
- Limited Liability Company, Florida, 2012
- Federal exemptions
- 06b
▶$6.5MraisedMay 2016 · 8 investors · ManufacturingRule 506(b)
▶$6.5MraisedMay 2016 · 8 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Darrell SmithDirector
- Michael MargoliesDirector
- James GrangerExecutive Officer, Director
- Michael K FroningExecutive Officer, Director
- Raymond E PurcellDirector
- Michael StarcherDirector
- Offering amount
- $6.5M
- Amount sold
- $6.5M
- Sales commissions
- $97.5K
- Proceeds to insiders
- $80K
- Placement agents
- Wilmington Capital Securities, LLC
- First sale
- Apr 2016
- Incorporated
- Limited Liability Company, Florida, 2012
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- How much funding has Adams Arms raised?
- Adams Arms has disclosed $10.5M raised across 3 rounds.
- Where is Adams Arms headquartered?
- Adams Arms is headquartered in Odessa, US.