PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 12:10 AM ET

Sponsor Check › Person

Stephen Prough

Related person on Form D filings · address state as listed: CA · listed Oct 23, 2017 → Sep 30, 2025

10issuers
14Form D filings
2017–2025years listed

Data last updated: Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 12:02 AM ET · SEC enforcement last checked: not yet

Privacy: business-related public information only. Residential addresses are never shown; only the state from the filing.

Key records

The five facts investors ask about first. Each section states what was searched and when. Items still in human review are not shown.

1. Lawsuits

None found in sources searched.

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30) — federal district + bankruptcy courts; live RECAP re-check pending. State courts: not yet searched. PACER: not searched. · Last checked Oct 24, 2026, 12:02 AM ET.

State courts: not yet searched. 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

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. — not yet searched; 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: not yet searched.

Not yet searched.

Search queued. Results are added automatically; check back later or follow this page to be notified.

3. Bankruptcies

None found in sources searched.

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not yet searched. PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 12:02 AM ET.

State courts: not yet searched. 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

Comparisons are made for sponsors and sponsor groups, not individual people.

5. Money to insiders and sales commissions

1 of 12 offerings reports sales commissions totalling $100,000; 0 report finder's fees; 0 report proceeds to related persons. (includes amounts the issuer reported as estimates)

SourceOffering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell it
EDGAR ↗Sep 30, 2025 D
File 021-559277
$0$0$0None listed on this filing
EDGAR ↗Feb 26, 2025 D
File 021-539284
$0 (est.)$0 (est.)$0 (est.)None listed on this filing
EDGAR ↗Dec 28, 2021 D
File 021-426895
$0$0$0Salem Partners LLC BrokerCheck CRD 43363 ↗
EDGAR ↗Jun 23, 2021 D
File 021-403967
$0$0$0None listed on this filing
EDGAR ↗Jun 10, 2021 D
File 021-402423
$0$0$0None listed on this filing
EDGAR ↗Feb 3, 2021 D
File 021-388226
$100,000 (est.)$0$0Salem Partners LLC BrokerCheck CRD 43363 ↗
EDGAR ↗Nov 12, 2019 D
File 021-353023
$0$0$0Salem Levels Beyond Investors LLC no CRD number reported
EDGAR ↗Oct 3, 2019 D/A
File 021-349612
$0$0$0None listed on this filing
EDGAR ↗Oct 3, 2019 D
File 021-350275
$0$0$0None listed on this filing
EDGAR ↗Jun 14, 2019 D
File 021-341941
$0$0$0None listed on this filing
EDGAR ↗Apr 11, 2019 D/A
File 021-331427
$0$0$0Salem Partners, LLC BrokerCheck CRD 43363 ↗
EDGAR ↗Oct 23, 2017 D
File 021-297201
$0$0$0None listed on this filing

As reported by the issuer on Form D (Items 12–15), 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 every filing this person is listed on (latest filing per offering, per issuer).

Appears on these filings

SourceIssuerRoleFiledFormOfferingSoldInvestorsMin. investment
EDGAR ↗Salem Shout 2025 Investors, LLC
group: Salem
DirectorSep 30, 2025D$2,000,000
similar: $155,000–$5,250,000
$2,000,00015
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗Salem Clipper 2023 Investors, LLC
group: Salem
Executive Officer, DirectorFeb 26, 2025D$1,350,000
similar: $155,000–$5,250,000
$1,350,0008
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗Mana'olana Series B Holdings LLC
group: Salem
Director, Promoter
Manager
Dec 28, 2021D$10,000,000
similar: $155,000–$5,250,000
$7,691,67036
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗META INVESTORS, LLC
group: Salem
Director
Manager
Jun 23, 2021D$3,384,000
similar: $155,000–$5,250,000
$3,384,00023
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗Lucid Sight, Inc.DirectorJun 10, 2021D$2,580,236
similar: $500,000–$7,000,000
$2,580,23616
similar: 2–14
No minimum reported
similar: $5,000–$50,000
EDGAR ↗Critical Mass Studios Inc.DirectorFeb 3, 2021D$5,000,000
similar: $1,100,015–$10,001,163
$5,000,0001
similar: 2–14
No minimum reported
similar: $5,000–$50,000
EDGAR ↗Salem Levels Beyond Investors LLC
group: Salem
Executive OfficerNov 12, 2019D$1,750,000
similar: $500,000–$7,000,000
$1,750,0009
similar: 2–14
No minimum reported
similar: $5,000–$50,000
EDGAR ↗SALEM PIXLEE INVESTORS, LLC
group: Salem
Director
MANAGER
Oct 3, 2019D/A$3,800,000
similar: $155,000–$5,250,000
$3,800,00025
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗SALEM PARTNERS PRINCIPALS INVESTORS, LLC
group: Salem
Director
MANAGER
Oct 3, 2019D$70,613
similar: $155,000–$5,250,000
$70,6137
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗SALEM PIXLEE INVESTORS, LLC
group: Salem
Director
MANAGER
Sep 25, 2019D$1,000,000
similar: $155,000–$5,250,000
$1,000,0003
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗SALEM RIGHTSLINE INVESTORS, LLC
group: Salem
Director
MANAGER
Jun 14, 2019D$6,936,909
similar: $155,000–$5,250,000
$6,936,90954
similar: 4–27
No minimum reported
similar: $1,000–$100,000
EDGAR ↗Lucid Sight, Inc.DirectorApr 11, 2019D/A$6,390,154
similar: $500,000–$7,000,000
$6,390,15411
similar: 2–14
No minimum reported
similar: $5,000–$50,000
EDGAR ↗Lucid Sight, Inc.DirectorJan 25, 2019D$5,525,178
similar: $500,000–$7,000,000
$5,525,1787
similar: 2–14
No minimum reported
similar: $5,000–$50,000
EDGAR ↗SALEM RIGHTSLINE INVESTORS, LLC
group: Salem
Promoter
Manager
Oct 23, 2017D$3,000,000
similar: $155,000–$5,250,000
$3,000,00035
similar: 4–27
No minimum reported
similar: $1,000–$100,000

Every row is a Form D or D/A on which the issuer listed this name as a related person. Related-person names are matched on first + last name and the address state on the filing; records that share a name but could not be tied together by a second identifier are listed separately below.

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Pooled Investment Fund / 506(b) (83,801 filings); Other / 506(b) (18,678 filings); Other Technology / 506(b) (17,390 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.

Connections as of Oct 23, 2026, 5:45 PM ET

Listed alongside — 13 names on the same filings (1 management entity, 12 people)

People and management entities the issuers listed as related persons on the same Form D filings as Stephen Prough. Source: the EDGAR rows in the table above.

  • Mana'olana Management III LLC entity — 1 shared filing (1 issuer) · role as listed: Executive Officer
  • Octavio Herrera — 3 shared filings (1 issuer) · roles as listed: Executive Officer, Director · also listed on 2 other issuers
  • Joseph Jones — 3 shared filings (1 issuer) · role as listed: Director · also listed on 1 other issuer
  • Randall Saaf — 3 shared filings (1 issuer) · roles as listed: Executive Officer, Director
  • Fazri Zubair — 3 shared filings (1 issuer) · role as listed: Executive Officer
  • Michael Dunn — 1 shared filing (1 issuer) · role as listed: Executive Officer · also listed on 3 other issuers
  • Erik Anderson — 1 shared filing (1 issuer) · role as listed: Director · also listed on 26 other issuers
  • Raj Raithatha — 1 shared filing (1 issuer) · role as listed: Director
  • Patrick Arkeveld — 1 shared filing (1 issuer) · roles as listed: Executive Officer, Director
  • Robert Delf — 1 shared filing (1 issuer) · role as listed: Director
  • Daniel Klass — 1 shared filing (1 issuer) · role as listed: Director
  • Jason Atkins — 1 shared filing (1 issuer) · role as listed: Director
  • Michael Fan — 1 shared filing (1 issuer) · role as listed: Director

Other offering types (Regulation A and Regulation Crowdfunding)

None found in sources searched.

Sources 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 · Last checked Oct 23, 2026, 8:41 PM ET.

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