Dela is a sponsor group of 5 issuers that PartnerFacts links to one sponsor (shared people, same business address, similar issuer names; automatic match from the filings), filing 5 Form D filings between Oct 2014 and May 2026.
What this means One team, 5 deal companies, about 12 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: $9.29M to 65 investors (latest filing per issuer). Industries as reported: Restaurants (4), "Other" (1). Issuers are based in CA (5).
What this means $9.29M raised across the group, about $143K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.
Principal people: Adriano Paganini (5 issuers, executive officer, director, and promoter).
What this means 5 deals for a one-person team on paper. The person on the most companies is usually the one running the show; their page lists every deal.
Activity: 1 new offering in the last 12 months; latest filing May 12, 2026.
What this means still raising money this year.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, OK, OR, PA, RI, SC, SD, TN, TX, VT, WA, WI, WV, WY), property records (NYC, FL, IL and TX counties) — 8 court cases matching the name, 2 bankruptcy cases matching the name listed in Key records below.
What this means 10 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 5 public filings for Dela and found 5 differences, 3 worth asking the sponsor about: Form D filed 421 days after the first sale; Form D filed 173 days after the first sale; 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.