PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 5:21 AM ET

Sponsor Check › Sponsor group

P

Paragon

One sponsor team, 8 deal companies · Springboro, OH

Grouped because: 5 shared people, same business address (6 issuers), similar issuer names (3) (automatic match from the filings) · not the same sponsor?

8deal companies
$12.1Mreported sold
87investors
8Form D filings
2019–2026active
1new, last 12 mo

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Sep 24, 2026 · Courts (RECAP) last checked: Oct 24, 2026, 2:16 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Paragon is a sponsor group of 8 issuers that PartnerFacts links to one sponsor (shared people, similar issuer names, same business address, shared principal (person on 60+ issuers) at the same address or management entity; automatic match from the filings), filing 8 Form D filings between Aug 2019 and Sep 2026.

What this means One team, 8 deal companies, about 7 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: $12.1M to 87 investors (latest filing per issuer). Industries as reported: "Other" (3), Investing (3), Pooled Investment Fund (1), Commercial (1). Issuers are based in OH (8).

What this means $12.1M raised across the group, about $139K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: Brian Faust (8 issuers, executive officer, director, and promoter), Shane Imwalle (5 issuers, executive officer and director), Stephen Roe (3 issuers, director), John Miller (2 issuers, director), Nicholas Lair (2 issuers, director) 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: 1 new offering in the last 12 months; latest filing Sep 24, 2026.

What this means still raising money this 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) — 22 court cases matching the name, 8 bankruptcy cases matching the name listed in Key records below.

What this means 30 records came back, including 1 court case still open — open cases can take years and cost money. 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 8 public filings for Paragon and found 7 differences: Form D filed 23 days after the first sale; Form D filed 18 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.

What the community is saying

Community search for Paragon has not run yet — it is joining a line of 13,746 names; searches run around the clock at the hosts' allowed rate. Searched so far: 28 names.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

22 cases: 1 open, 12 closed (disposition not in docket feed), 6 dismissed, 3 judgment

IRB Medical Equipment, LLC v. Paragon Ventures LLC open
District Court, E.D. Michigan · No. 2:26-cv-10699 · Filed Feb 27, 2026
Role of Paragon Ventures LLC: Defendant · Outcome: Open — no termination date on the docket (bulk snapshot 2026-09-30) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MI (not the issuer's state)
Stukes v. Paragon, Inc. closed matched at sponsor-group level (Paragon)
District Court, E.D. Virginia · No. 2:16-cv-00675 · Filed Nov 21, 2016 · Closed Oct 19, 2017
Role of Paragon, Inc.: Defendant · Outcome: Terminated 2017-10-19 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in VA (not the issuer's state); filed 2016, issuer incorporated 2019
Paragon Ventures L.L.C. v. Mobile Med Care, Inc. dismissed
District Court, D. Kansas · No. 2:05-cv-02087 · Filed Mar 7, 2005 · Closed Jan 17, 2006 · Nature of suit: Contract: Other · Cause: 28:1332 Diversity-Breach of Contract
Role of Paragon Ventures L.L.C.: Plaintiff · Outcome: Terminated 2006-01-17 — FJC Integrated Database disposition: Dismissed: settled Docket on CourtListener ↗
exact company name; name has one distinctive word; court in KS (not the issuer's state); filed 2005, issuer incorporated 2019
Hatcher v. Paragon Inc dismissed matched at sponsor-group level (Paragon)
District Court, D. South Carolina · No. 2:00-cv-03387 · Filed Oct 26, 2000 · Closed Feb 14, 2002 · Nature of suit: 371 Truth in lending
Role of Paragon Inc: Defendant · Outcome: Terminated 2002-02-14 — FJC Integrated Database disposition: Dismissed: settled Docket on CourtListener ↗
exact company name; name has one distinctive word; court in SC (not the issuer's state); filed 2000, issuer incorporated 2019
Bowser v. Paragon Inc dismissed matched at sponsor-group level (Paragon)
District Court, D. South Carolina · No. 2:00-cv-03316 · Filed Oct 19, 2000 · Closed Feb 14, 2002 · Nature of suit: 371 Truth in lending
Role of Paragon Inc: Defendant · Outcome: Terminated 2002-02-14 — FJC Integrated Database disposition: Dismissed: settled Docket on CourtListener ↗
exact company name; name has one distinctive word; court in SC (not the issuer's state); filed 2000, issuer incorporated 2019
Graham v. Paragon Inc closed matched at sponsor-group level (Paragon)
District Court, D. South Carolina · No. 0:00-cv-03287 · Filed Oct 17, 2000 · Closed Nov 5, 2001 · Nature of suit: 371 Truth in lending
Role of Paragon Inc: Defendant · Outcome: Terminated 2001-11-05 — FJC Integrated Database disposition: Remanded to state court Docket on CourtListener ↗
exact company name; name has one distinctive word; court in SC (not the issuer's state); filed 2000, issuer incorporated 2019
PARAGON INC. v. WATERS EDGE OF N.J. dismissed matched at sponsor-group level (Paragon)
District Court, D. New Jersey · No. 3:99-cv-04444 · Filed Sep 17, 1999 · Closed Mar 8, 2000 · Nature of suit: 190 Other contract actions
Role of PARAGON INC.: Plaintiff · Outcome: Terminated 2000-03-08 — FJC Integrated Database disposition: Dismissed: settled Docket on CourtListener ↗
exact company name; name has one distinctive word; court in NJ (not the issuer's state); filed 1999, issuer incorporated 2019
B v. Paragon, Inc. v. Buckley dismissed matched at sponsor-group level (Paragon)
District Court, N.D. Ohio · No. 5:97-cv-02072 · Filed Aug 11, 1997 · Closed Feb 18, 1998 · Nature of suit: 190 Other contract actions
Role of Paragon, Inc.: Defendant · Outcome: Terminated 1998-02-18 — FJC Integrated Database disposition: Dismissed: other Docket on CourtListener ↗
exact company name; name has one distinctive word; court in the group's state (OH); filed 1997, issuer incorporated 2019
Horizons Intl. Inc. v. Paragon, Inc. closed matched at sponsor-group level (Paragon)
District Court, M.D. Florida · No. 8:93-cv-00273 · Filed Feb 16, 1993 · Closed Feb 24, 1993
Role of Paragon, Inc.: Defendant · Outcome: Terminated 1993-02-24 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in FL (not the issuer's state); filed 1993, issuer incorporated 2019
Horizons Intl. Inc. v. Paragon, Inc. closed matched at sponsor-group level (Paragon)
District Court, M.D. Florida · No. 3:93-cv-00288 · Filed Feb 16, 1993 · Closed Jan 4, 1994
Role of Paragon, Inc.: Defendant · Outcome: Terminated 1994-01-04 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in FL (not the issuer's state); filed 1993, issuer incorporated 2019
IABSOIW Pension Fund v. Paragon Corporation judgment matched at sponsor-group level (Paragon)
District Court, N.D. Ohio · No. 1:92-cv-02089 · Filed Oct 6, 1992 · Closed Dec 30, 1992 · Nature of suit: 791 Employee Retirement Income Security Act
Role of Paragon Corporation: Defendant · Outcome: Terminated 1992-12-30 — FJC Integrated Database disposition: Judgment on default; judgment for plaintiff Docket on CourtListener ↗
exact company name; name has one distinctive word; court in the group's state (OH); filed 1992, issuer incorporated 2019
Trustees of the Iron v. Paragon, Inc. judgment matched at sponsor-group level (Paragon)
District Court, D. Maryland · No. 1:92-cv-02598 · Filed Sep 16, 1992 · Closed Nov 18, 1992 · Nature of suit: 791 Employee Retirement Income Security Act
Role of Paragon, Inc.: Defendant · Outcome: Terminated 1992-11-18 — FJC Integrated Database disposition: Judgment on default; judgment for plaintiff Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MD (not the issuer's state); filed 1992, issuer incorporated 2019
Horizons Intl Inc v. Paragon, Inc. closed matched at sponsor-group level (Paragon)
District Court, N.D. Ohio · No. 3:92-mc-07050 · Filed May 5, 1992 · Closed May 27, 1992
Role of Paragon, Inc.: Defendant · Outcome: Terminated 1992-05-27 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in the group's state (OH); filed 1992, issuer incorporated 2019
Paragon Ventures v. Autumn Oaks Partners closed
District Court, E.D. California · No. 2:91-cv-01200 · Filed Sep 9, 1991 · Closed Jun 5, 1992 · Nature of suit: 190 Other contract actions
Role of Paragon Ventures: Plaintiff · Outcome: Terminated 1992-06-05 — FJC Integrated Database disposition: Statistical closing Docket on CourtListener ↗
exact company name; name has one distinctive word; court in CA (not the issuer's state); filed 1991, issuer incorporated 2019
PARAGON VENTURES v. AUTUMN OAKS PARTNERS closed
District Court, District of Columbia · No. 1:91-cv-01717 · Filed Jul 15, 1991 · Closed Aug 19, 1991 · Nature of suit: 190 Other contract actions
Role of PARAGON VENTURES: Plaintiff · Outcome: Terminated 1991-08-19 — FJC Integrated Database disposition: Transfer to another district Docket on CourtListener ↗
exact company name; name has one distinctive word; court in DC (not the issuer's state); filed 1991, issuer incorporated 2019
Paragon Ventures v. J L Construction closed
District Court, E.D. California · No. 2:91-cv-00794 · Filed Jun 18, 1991 · Closed Jun 5, 1992 · Nature of suit: 290 Other real property actions
Role of Paragon Ventures: Plaintiff · Outcome: Terminated 1992-06-05 — FJC Integrated Database disposition: Statistical closing Docket on CourtListener ↗
exact company name; name has one distinctive word; court in CA (not the issuer's state); filed 1991, issuer incorporated 2019
PARAGON VENTURES v. J. L. CONSTRUCTION closed
District Court, District of Columbia · No. 1:91-cv-00776 · Filed Apr 11, 1991 · Closed May 23, 1991 · Nature of suit: 290 Other real property actions
Role of PARAGON VENTURES: Plaintiff · Outcome: Terminated 1991-05-23 — FJC Integrated Database disposition: Transfer to another district Docket on CourtListener ↗
exact company name; name has one distinctive word; court in DC (not the issuer's state); filed 1991, issuer incorporated 2019
Horizons Intl Inc v. Paragon, Inc. closed matched at sponsor-group level (Paragon)
District Court, M.D. Tennessee · No. 3:90-cv-00944 · Filed Oct 29, 1990 · Closed Jan 25, 1993 · Nature of suit: 190 Other contract actions
Role of Paragon, Inc.: Defendant · Outcome: Terminated 1993-01-25 — FJC Integrated Database disposition: Transfer to another district Docket on CourtListener ↗
exact company name; name has one distinctive word; court in TN (not the issuer's state); filed 1990, issuer incorporated 2019
GLEESON v. PARAGON CORPORATION dismissed matched at sponsor-group level (Paragon)
District Court, District of Columbia · No. 1:88-cv-03455 · Filed Dec 1, 1988 · Closed Aug 24, 1989 · Nature of suit: 791 Employee Retirement Income Security Act
Role of PARAGON CORPORATION: Defendant · Outcome: Terminated 1989-08-24 — FJC Integrated Database disposition: Dismissed: other Docket on CourtListener ↗
exact company name; name has one distinctive word; court in DC (not the issuer's state); filed 1988, issuer incorporated 2019
GLEESON v. PARAGON CORPORATION judgment matched at sponsor-group level (Paragon)
District Court, District of Columbia · No. 1:87-cv-01018 · Filed Apr 13, 1987 · Closed Dec 11, 1987 · Nature of suit: 791 Employee Retirement Income Security Act
Role of PARAGON CORPORATION: Defendant · Outcome: Terminated 1987-12-11 — FJC Integrated Database disposition: Judgment on default; judgment for plaintiff Docket on CourtListener ↗
exact company name; name has one distinctive word; court in DC (not the issuer's state); filed 1987, issuer incorporated 2019
GLEESON v. PARAGON CORP. closed matched at sponsor-group level (Paragon)
District Court, District of Columbia · No. 1:85-cv-03532 · Filed Nov 5, 1985 · Closed Apr 24, 1986
Role of PARAGON CORP.: Defendant · Outcome: Terminated 1986-04-24 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in DC (not the issuer's state); filed 1985, issuer incorporated 2019
GLEESON v. PARAGON CORP. closed matched at sponsor-group level (Paragon)
District Court, District of Columbia · No. 1:85-cv-02224 · Filed Jul 12, 1985 · Closed Jan 3, 1986
Role of PARAGON CORP.: Defendant · Outcome: Terminated 1986-01-03 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in DC (not the issuer's state); filed 1985, issuer incorporated 2019
What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:16 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: AZ, CA, DE, TX, WA (crawled Oct 23, 2026)

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Paragon..

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states are not covered.

3. Bankruptcies

8 cases: 8 closed (disposition not in docket feed)

Paragon Ventures, Inc closed
United States Bankruptcy Court, D. New Mexico · No. 08-13369 · Filed Oct 7, 2008 · Closed Nov 16, 2010
Role of Paragon Ventures, Inc: Debtor · Outcome: Case closed 2010-11-16 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in NM (not the issuer's state); different legal form (inc vs llc)
Paragon, Inc. closed matched at sponsor-group level (Paragon)
United States Bankruptcy Court, D. Delaware · No. 03-13189 · Filed Oct 17, 2003 · Closed Mar 13, 2009
Role of Paragon, Inc.: Debtor · Outcome: Case closed 2009-03-13 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in DE (not the issuer's state); filed 2003, issuer incorporated 2019
RUHR/PARAGON INC v. GORDON ENTERPRISES INC closed matched at sponsor-group level (Paragon)
United States Bankruptcy Court, D. Minnesota · No. 95-04357 · Filed Dec 14, 1995 · Closed Feb 29, 1996
Role of PARAGON INC: Plaintiff · Outcome: Case closed 1996-02-29 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MN (not the issuer's state); filed 1995, issuer incorporated 2019
RUHR/PARAGON INCORPORATED v. EBBING closed matched at sponsor-group level (Paragon)
United States Bankruptcy Court, D. Minnesota · No. 95-04336 · Filed Nov 13, 1995 · Closed Feb 29, 1996
Role of PARAGON INCORPORATED: Plaintiff · Outcome: Case closed 1996-02-29 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MN (not the issuer's state); filed 1995, issuer incorporated 2019
RUHR/PARAGON INC v. NORTH CENTRAL FOOD SYSTEMS INC closed matched at sponsor-group level (Paragon)
United States Bankruptcy Court, D. Minnesota · No. 95-04323 · Filed Nov 2, 1995 · Closed Mar 29, 1996
Role of PARAGON INC: Plaintiff · Outcome: Case closed 1996-03-29 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MN (not the issuer's state); filed 1995, issuer incorporated 2019
RUHR/PARAGON INC v. CONTRACTORS 2000 INC A MINNESOTA CORP closed matched at sponsor-group level (Paragon)
United States Bankruptcy Court, D. Minnesota · No. 95-04226 · Filed Aug 4, 1995 · Closed Feb 29, 1996
Role of PARAGON INC: Plaintiff · Outcome: Case closed 1996-02-29 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MN (not the issuer's state); filed 1995, issuer incorporated 2019
RUHR/PARAGON INCORPORATED closed matched at sponsor-group level (Paragon)
United States Bankruptcy Court, D. Minnesota · No. 95-41188 · Filed Mar 3, 1995 · Closed Aug 8, 1996
Role of PARAGON INCORPORATED: Debtor · Outcome: Case closed 1996-08-08 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MN (not the issuer's state); filed 1995, issuer incorporated 2019
Paragon Corporation closed matched at sponsor-group level (Paragon)
United States Bankruptcy Court, E.D. Virginia · No. 89-10145 · Filed Jan 26, 1989 · Closed Sep 1, 1993
Role of Paragon Corporation: Debtor · Outcome: Case closed 1993-09-01 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in VA (not the issuer's state); filed 1989, issuer incorporated 2019
What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:16 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.

7 differences found between the filings for Paragon (compared 8 filings on Oct 24, 2026)

Note · Sep 1, 2026 – Sep 24, 2026

Form D filed 23 days after the first sale — Contrail Hospitality Investors I LLC

The filing says the first sale was Sep 1, 2026. The Form D was filed Sep 24, 2026 — 23 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 8 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Sources
Note · Aug 16, 2024 – Sep 3, 2024

Form D filed 18 days after the first sale — Mahoning Capital, LLC

The filing says the first sale was Aug 16, 2024. The Form D was filed Sep 3, 2024 — 18 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 3 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Sources
Note · Jul 19, 2024 – Aug 5, 2024

Form D filed 17 days after the first sale — Paragon Ventures III LLC

The filing says the first sale was Jul 19, 2024. The Form D was filed Aug 5, 2024 — 17 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 2 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Sources
Note · Apr 12, 2024 – Apr 24, 2024

No amendment in the last 12 months on an offering that may still be open — Naxos Holdings LLC (latest filing Apr 24, 2024)

The latest filing for this offering is dated Apr 24, 2024 (first sale Apr 12, 2024). It reports $447,857 sold of $625,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Sources
Note · Jan 1, 2023 – Jan 13, 2023

No amendment in the last 12 months on an offering that may still be open — Corona Ventures LLC (latest filing Jan 13, 2023)

The latest filing for this offering is dated Jan 13, 2023 (first sale Jan 1, 2023). It reports $1,963,500 sold of $2,000,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Sources
Note · Mar 8, 2022

Issuer used a different name before — Hydrogen Solutions Capital LLC

SEC records list prior names for this filer: Fractionation Capital LLC. The current name on file is "Hydrogen Solutions Capital LLC".

What this means A name change is normal, but your documents may show the old name. Match the CIK, not just the name.

Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.

5. Money to insiders

0 of 8 offerings report sales commissions; 0 report finder's fees; 3 report proceeds to related persons totalling $23,000. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Sep 24, 2026 D
Contrail Hospitality Investors I LLC
File 021-598737
$0$0$0None listed on this filingEDGAR ↗
Sep 3, 2024 D
Mahoning Capital, LLC
File 021-523061
$0$0$0None listed on this filingEDGAR ↗
Aug 5, 2024 D
Paragon Ventures III LLC
File 021-520552
$0$0$0None listed on this filingEDGAR ↗
Apr 24, 2024 D
Naxos Holdings LLC
File 021-511449
$0$0$10,000 (est.)
Issuer has agreed to pay ShelbyMac Properties, an affiliate of Mr. Faust, a consulting fee of $500/month.
None listed on this filingEDGAR ↗
Jan 13, 2023 D
Corona Ventures LLC
File 021-470683
$0$0$1,000
ShelbyMac Properties LLC, an investor and company wholly owned by Brian Faust, is offsetting $1,000 of its contribution in connection with this offering in lieu of reimbursement by issuer for legal fees paid by Mr. Faust.
None listed on this filingEDGAR ↗
Aug 10, 2022 D
Paragon Ventures II LLC
File 021-455440
$0$0$0None listed on this filingEDGAR ↗
Mar 8, 2022 D
Hydrogen Solutions Capital LLC
File 021-436273
$0$0$12,000 (est.)
A company wholly-owned by Mr. Faust will enter into a services agreement with issuer, pursuant to which the company will provide services to issuer and will receive compensation of $500/month from issuer.
None listed on this filingEDGAR ↗
Aug 16, 2019 D
PARAGON VENTURES LLC
File 021-346723
$0$0$0None listed on this filingEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across all 8 issuers in this group — every filing in our index, latest filing per offering (SEC file number).

Property records 0 documents · 0 ownership records · last checked Oct 23, 2026, 8:59 PM ET · NYC and Cook County lookup still to run

0 recorded documents and 0 ownership records matched to Paragon in the sources searched.

Not found in sources searched as of Oct 23, 2026, 8:59 PM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Florida DOR NAL roll (Hillsborough 39) roll year 2026 — loaded Oct 23, 2026, 8:54 PM ET; Florida DOR NAL roll (Dade 23) roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET. Still to be looked up for this group: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Hillsborough County FL (recorded documents from Oct 14, 2026 forward; ownership from FL DOR roll 2026); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed); Harris County TX and Dallas County TX (assessor ownership rolls only, 2026 roll; no deed, mortgage or sale records); Miami-Dade County FL (ownership from FL DOR roll only; Clerk recorded documents not covered). Recorder indexes for TX, AZ, IL and WA counties, mortgages and liens outside NYC and FL, lis pendens and foreclosure notices everywhere, Miami-Dade County FL recorded documents, Maricopa County AZ, King County WA, Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Issuers in this group

Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.

SourceIssuerLinked byLocationIndustryFilingsSold (max)InvestorsMin. investment (latest filing)Active
EDGAR ↗PV PARAGON VENTURES LLCshared people, similar issuer namesSpringboro, OHOther1$2,000,000
offering $2,000,000 · similar: $500,000–$7,000,000
14
similar: 2–14
$25,000
similar: $5,000–$50,000
2019–2019
EDGAR ↗HS Hydrogen Solutions Capital LLCshared people, same business addressSPRINGBORO, OHInvesting1$2,179,830
offering $2,179,830 · similar: $763,000–$10,000,000
8
similar: 4–23
No minimum reported
similar: $10,000–$78,388
2022–2022
EDGAR ↗PV Paragon Ventures II LLCshared people, shared principal (person on 60+ issuers) at the same address or management entity, similar issuer namesSPRINGBORO, OHOther1$2,025,000
offering $2,025,000 · similar: $500,000–$7,000,000
14
similar: 2–14
$20,250
similar: $5,000–$50,000
2022–2022
EDGAR ↗CV Corona Ventures LLCshared people, same business addressSpringboro, OHInvesting1$1,963,500
offering $2,000,000 · similar: $763,000–$10,000,000
10
similar: 4–23
$51,000
similar: $10,000–$78,388
2023–2023
EDGAR ↗NH Naxos Holdings LLCshared people, same business addressSPRINGBORO, OHPooled Investment Fund1$447,857
offering $625,000 · similar: $155,000–$5,250,000
6
similar: 4–27
$88,571
similar: $1,000–$100,000
2024–2024
EDGAR ↗PV Paragon Ventures III LLCshared people, shared principal (person on 60+ issuers) at the same address or management entity, same business address, similar issuer namesSPRINGBORO, OHOther1$1,025,000
offering $1,025,000 · similar: $500,000–$7,000,000
16
similar: 2–14
$5,891
similar: $5,000–$50,000
2024–2024
EDGAR ↗MC Mahoning Capital, LLCshared people, same business addressSPRINGBORO, OHCommercial1$875,146
offering $875,146 · similar: $1,815,000–$10,000,000
8
similar: 7–33
No minimum reported
similar: $20,000–$50,000
2024–2024
EDGAR ↗CH Contrail Hospitality Investors I LLCshared people, same business addressSPRINGBORO, OHInvesting1$1,550,000
offering $1,550,000 · similar: $763,000–$10,000,000
11
similar: 4–23
$50,000
similar: $10,000–$78,388
2026–2026

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); Investing / 506(b) (2,521 filings); Pooled Investment Fund / 506(b) (83,801 filings); Commercial / 506(b) (6,713 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Timeline of offerings

SourceFiledIssuerFormIndustryOfferedSold
EDGAR ↗Sep 24, 2026Contrail Hospitality Investors I LLCDInvesting$1,550,000$1,550,000
EDGAR ↗Sep 3, 2024Mahoning Capital, LLCDCommercial$875,146$875,146
EDGAR ↗Aug 5, 2024Paragon Ventures III LLCDOther$1,025,000$1,025,000
EDGAR ↗Apr 24, 2024Naxos Holdings LLCDPooled Investment Fund$625,000$447,857
EDGAR ↗Jan 13, 2023Corona Ventures LLCDInvesting$2,000,000$1,963,500
EDGAR ↗Aug 10, 2022Paragon Ventures II LLCDOther$2,025,000$2,025,000
EDGAR ↗Mar 8, 2022Hydrogen Solutions Capital LLCDInvesting$2,179,830$2,179,830
EDGAR ↗Aug 16, 2019PARAGON VENTURES LLCDOther$2,000,000$2,000,000

Activity: 1 new offering in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing Sep 24, 2026. Industry history, as reported on each offering's latest filing: Previous offerings: Other (2019), Investing (2022), Other (2022), Investing (2023), Pooled Investment Fund (2024), Other (2024), Commercial (2024). Latest offering: Investing (Sep 24, 2026).

People across the group

NameRolesIssuers hereFirst → last listed
BF Brian FaustExecutive Officer, Director, Promoter8Aug 16, 2019 → Sep 24, 2026
SI Shane ImwalleDirector, Executive Officer5Aug 16, 2019 → Sep 3, 2024
SR Stephen RoeDirector3Aug 16, 2019 → Aug 5, 2024
JM John MillerDirector2Aug 10, 2022 → Aug 5, 2024
NL Nicholas LairDirector2Aug 16, 2019 → Aug 10, 2022
LD Larry DillinExecutive Officer, Director1Sep 3, 2024 → Sep 3, 2024

Adviser registration (Form ADV)

Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched Paragon.

Meta advertising

No Meta Pixel ids or Facebook / Instagram page links on file for Paragon as of Oct 24, 2026 — the sponsor website is read for them once it is on file (runs automatically). Meta Ad Library: not searched by PartnerFacts (no API access); a one-tap Ad Library search is under Look further.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Public profiles and social

No website or social profile named in Paragon's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #163,695 of 374,652 in line (14 issuers searched so far). One-tap searches: Look further ↓

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Grouping is PartnerFacts' inference from public filings (shared related persons, management entities, business address). Everything else on this page is drawn from the filings themselves. Not the same sponsor? Request a correction.

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