Commerce Street is a sponsor group of 8 issuers that PartnerFacts links to one sponsor (shared people, shared principal (person on 60+ issuers) at the same address or management entity, same business address, similar issuer names; automatic match from the filings), filing 11 Form D filings between May 2009 and Oct 2020.
What this means One team, 8 deal companies, about 11 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.
Combined reported sold: $162.4M to 190 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (8). Issuers are based in TX (8).
What this means $162.4M raised across the group, about $855K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.
Principal people: Dory Wiley (7 issuers, executive officer, director, and promoter), William D. Gross (4 issuers, executive officer, director, and promoter), James B. Gardner (3 issuers, executive officer, director, and promoter), Bobby Hashaway (2 issuers, executive officer), John Lyons (2 issuers, executive officer and director) and 14 more.
What this means The person on the most companies is usually the one running the show; their page lists every deal.
Activity: 0 new offerings in the last 12 months; latest filing Oct 6, 2020.
What this means No new raise filed in the past year.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — 3 court cases matching the name, 5 bankruptcy cases matching the name listed in Key records below.
What this means 8 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.
We compared 11 public filings for Commerce Street and found 10 differences, 4 worth asking the sponsor about: Form D filed 164 days after the first sale; James B. Gardner is no longer listed on the Dec 22, 2014 amendment; and more below.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.