Hailey Waller | WRAL TechWire - Part 2
Hailey Waller

Hailey Waller


Posts by Hailey Waller


Raleigh-based Social Beverage Company raises $400,000

A Raleigh, North Carolina-based company raised $400,000 through a private stock offering from 13 investors, according to a Securities and Exchange Commission filing. Social Beverage Company LLC, was founded in 2016 by Cary Joshi, Gaurav Patel and Mark Mullins. The company filed the Form D on Oct. 18. Joshi is president. Joshi served as president of Hunter Lane Commercial Real Estate, which provided brokerage and land development services to large companies and high net worth individuals from 2002 to 2015. Patel is vice president of marketing. He was born in India and grew up in Morehead City, North Carolina....

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Raleigh-based VisionQuest Capital raises $11M, wants $3M more

A North Carolina wealth management company filed to raise $14.2 million in debt financing, according to a Securities and Exchange Commission filing. VisionQuest Capital LLC filed the Form D on Oct. 5. The total offering was $14.2, and so far the company has sold $11.2 million of debt to 39 investors. The remaining amount to be sold is $3 million. The date of the first sale was July 8, 2010, and the minimum investment was $20,000, the company said. The Raleigh-based combination wealth management and boutique acquisition company is now in its 11th year. The company had 12 employees...

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Charlotte music tech startup seeking to raise $10M

A Charlotte-based music technology company filed to raise $10 million in financing, according to a Securities and Exchange Commission filing. Vertigo Media Inc. filed the form D on Sept. 27, 2016. The first sale was on Sept. 20 and $50,000 has been raised with $9,950,000 remaining to be sold as of the date of the filing. The company selected to offer equity financing and option, warrant, or other right to acquire another security, according to the filing. Vertigo has filed six form Ds since 2014. The company filed another form D on Aug. 3, 2016, to raise $10 million...

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Charlotte cybersecurity firm selling up to $10M in notes

Cybersecurity company root9B Technologies said Monday it is selling up to $10 million in notes to various investors, according to a Securities and Exchange Commission filing. The Charlotte-based company said that the notes can be converted to up to 12.5 million shares at a price not less than 80 cents per share. The investors purchasing the notes are Bay Pond Partners LP, Ithan Creek Master Investors LP, and Wolf Creek Partners LP. The company said it will use the proceeds for general corporate purposes. root9B Technologies does not trade on a formal stock exchange. It trades on the OTCQB, the middle...

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NC entrepreneur raising $500K for California-based Chirp Innovations

CORNELIUS, N.C. – A North Carolina entrepreneur filed to raise $500,000 in equity financing for his California-based technology firm, according to a Securities and Exchange Commission filing. Chirp Innovations Inc. has raised $100,000 so far, and the company hopes to raise $400,000 more. Joshua Lippiner runs Noctivity Inc., (Noctivity.com) an Internet incubator and consulting firm that has been featured in the Seattle Times, Houston Chronicle and TechCrunch. He is currently developing the world’s smallest tracking device for children and seniors. There were 460,699 entries for missing children in 2015, according to the FBI. “We’re very close to creating something...

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Salute! MATI Energy lands another $2.1M in funding

A 26-year-old Duke University graduate has raised another $2.1 million for her privately held energy drink company, according to a Securities and Exchange Commission filing. MATI Energy sold $2.1 million to 19 investors, with $61,767 remaining to be sold. It has now raised $4.3 million in the last two years. The form was filed Aug. 16. Chief Executive Officer Tatiana Birgisson began brewing in her dorm room at Duke to stay productive through a bout of depression and later began bottling the tea and selling it to neighbors. Backers, including AOL co-founder Steve Case, turned onto Birgisson’s product after...

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Greenville health care firm CTMG raises $2.3M (+ profile)

A North Carolina health care company raised $2.37 million from 16 investors. The amount is 78.94 percent of the financing offer from CTMG Inc. of Greenville. The company hopes to raise $631,777 more. CTMG previously raised $454,684 from one investor, according to a Form D filed on March 4,...

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Hedge fund buys 6.6% stake in Durham’s BioCryst Pharma

A New York City hedge fund bought a 6.6 percent stake of a North Carolina pharmaceutical company, according to an SEC filing. Deerfield Management now owns 4,896,741 shares of Durham-based BioCryst Pharmaceuticals Inc., worth $24.7 million. Deerfield will take no part in running BioCryst. BioCryst announced a new drug trial the same day of the filing. This news comes six months after BioCryst shares dropped 70 percent in four days after its announcement of a failed drug trial in February. BioCryst shares are up 75 percent from July 26, but have not fully recovered from February. The stock is still...

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Pamlico Capital (former Wachovia Capital Partners) raises $100M

A North Carolina private equity investment firm has raised more than $100 million, according to filings with the Securities and Exchange Commission. Charlotte-based Pamlico Capital filed four Form D private placement registrations on Aug. 11. Pamlico Capital currently has 16 investment professionals managing $2 billion of assets on behalf of institutional investors, including pension funds, insurance companies and endowments. Pamlico Capital is the former Wachovia Capital Partners. It invests in leveraged buyouts in the business services, technology services, telecommunications and health care industries. Pamlico partner Frederick W. Eubank II signed the forms. Eubank joined Pamlico Capital in 1989. He sits...

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