Fundraising Fox

Adcare Health Systems

OTC: RHEP

Roswell, US · Georgia corporation

Founders & leadership

DA
David A. TenwickFounder
WM
William McBride, IIIExecutive
AJ
Allan J. RimlandExecutive
RW
Ronald W. FlemingExecutive
DR
David RubensteinExecutive
BP
Boyd P. GentryExecutive

Board

BM
Brent MorrisonBoard director
MJ
Michael J. FoxBoard director
PS
Philip S. RadcliffeBoard director
CF
Christopher F. BrogdonBoard director
PJ
Peter J. HackettBoard director
LE
Laurence E. SturtzBoard director

Reported raises · per SEC filings

Form D private placements

$8.2M disclosed across 2 rounds · 2014–2015

$1.7MraisedApr 2015 · 11 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • David A. TenwickDirector
  • William McBride, IIIExecutive Officer, Director
  • Philip S. RadcliffeDirector
  • Allan J. RimlandExecutive Officer
  • Christopher F. BrogdonDirector
  • Brent MorrisonDirector
  • Michael J. FoxDirector
Offering amount
$8.5M
Amount sold
$1.7M
Minimum investment
$25K
Sales commissions
$150K
Proceeds to insiders
$1M
Placement agents
GVC Capital LLC
First sale
Mar 2015
Incorporated
Corporation, Georgia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6.5MraisedApr 2014 · 32 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Ronald W. FlemingExecutive Officer
  • Christopher F. BrogdonDirector
  • David A. TenwickDirector
  • David RubensteinExecutive Officer
  • Philip S. RadcliffeDirector
  • Peter J. HackettDirector
  • Boyd P. GentryExecutive Officer, Director
  • Laurence E. SturtzDirector
  • Michael J. FoxDirector
Offering amount
$6.5M
Amount sold
$6.5M
Minimum investment
$25K
Sales commissions
$240K
Placement agents
Institutional Securities Corporation
First sale
Mar 2014
Incorporated
Corporation, Georgia
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

Who founded Adcare Health Systems?
Adcare Health Systems was founded by David A. Tenwick.
How much funding has Adcare Health Systems raised?
Adcare Health Systems has disclosed $8.2M raised across 2 rounds.
Where is Adcare Health Systems headquartered?
Adcare Health Systems is headquartered in Roswell, US.