Element is a sponsor group of 3 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 Jul 2020 and Jun 2022.
What this means One team, 3 deal companies, about 2 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: $65.3M to 127 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (2), "Other" (1). Issuers are based in TX (3).
What this means $65.3M raised across the group, about $514K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.
Principal people: Lew Moorman (3 issuers, executive officer and director), Ed Byrne (2 issuers, executive officer and director), John Gallagher (2 issuers, executive officer), Ed Bryne (1 issuer, executive officer), Element Capital Management 2, LLC (1 issuer, promoter, entity) and 1 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 Jun 16, 2022.
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) — 1 bankruptcy case matching the name listed in Key records below.
What this means 1 record 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 Element and found 5 differences: Offering amount changed between filings; No amendment in the last 12 months on an offering that may still be open; 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.