Form D filed 20 days after the first sale — RICHWOOD BANCSHARES INC
The filing says the first sale was Mar 4, 2022. The Form D was filed Mar 24, 2022 — 20 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 5 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
- Form D · Mar 24, 2022 ↗ (Mar 24, 2022)
- RICHWOOD BANCSHARES INC — PartnerFacts page ↗ (Mar 24, 2022)