
Madison Air's $2.25 Billion Private Placement: What Accredited Investors Need to Know About the ebm-papst Acquisition Financing
Madison Air Solutions Corp. (NYSE: MAIR) raised $2.25 billion through a private placement of 90,108,130 Class A shares at $24.

Databricks Filed a $5 Billion Form D. Here Is What It Actually Tells You.
On August 27, 2026, Databricks filed an SEC Form D disclosing a $5 billion exempt equity offering under Rule 506(c), with $4,999,997,255 already sold to...

Kalshi's SEC Form D Reveals $1.12 Billion Raised, 71 Investors, and Why You Probably Can't Get In at the Primary Level
On August 25, 2026, Kalshi Inc. filed a Form D with the SEC revealing it has sold $1,120,010,122 of a $1,499,997,894 private offering, with 71 investors in and roughly $380 million still...

Capital Raising Is a Compliance Game Disguised as a Sales Game.
Capital Raising Is a Compliance Game Disguised as a Sales Game Most managers think a capital raise is won in the pitch. It is not. The pitch matters. The story matters. Your ability to create

How to Launch a 506(b) Fund: A Step-by-Step Guide for First-Time GPs
I tell first-time GPs the same thing: your fund's legal structure is not where you differentiate. Your thesis, your network, your ability to source and win deals — that's where you differentiate. The structure is...

The Regulation D Offering: A Practical Guide for Founders and Fund Managers
A $3 million seed round closed last quarter by a San Francisco B2B SaaS company. No investment bank. No registered public offering. No SEC registration statement filed months in advance. Just a well-structured...