Barcol-Air disclosed issuing $2 million worth of equity
XDATA - February 25th 2014
Barcol-Air reported closing its $2 million private placement one month ago. All the unregistered equity securities issued were acquired by one investor. Until this disclosure Barcol-Air had raised an estimated $1 million in unregistered securities via one previous financing round.
Barcol-Air designs and markets provides air‐conditioning systems for commercial and residential buildings. Its specialize in designing, developing and delivering the perfect indoor climate, in any climate zone, while minimizing energy costs.
The company is headquartered in Oxford CT. Revenues on or below $1 million were reported by Barcol-Air. The executive team includes Erik Birgelen, Gary Saunders, Helmuth Sokolean and Henry Arnold.
The company has raised an estimated total of $3 million via private unregistered security offerings.
Offering recap Status: Completed Company: Barcol-Air Industry: Energy Conservation Amount offered: $2 million Amount placed: $2 million SEC filing: Source First sale: 01-23-2014 Data as of: 02-14-2014