Tom First is listed as an executive officer and director on 9 SEC Form D filings by 5 issuers between Aug 2011 and Jan 2017: First Beverage Ventures II, L.P. (Los Angeles, CA — pooled investment fund — 2015; $64M reported sold to 33 investors), HEALTH-ADE LLC (Torrance, CA — manufacturing — 2016–2017; $12.6M reported sold to 6 investors), Purity Organic, LLC (San Francisco, CA — industry reported as "Other" — 2011–2013; $5.76M reported sold to 3 investors), EW Investor, LLC (Los Angeles, CA — industry reported as "Other" — 2014; $4M reported sold to 5 investors) and DZ Investor, LLC (Los Angeles, CA — industry reported as "Other" — 2015; $1.35M reported sold to 10 investors).
What this means A repeat sponsor — 5 separate companies raised money with this person listed as executive officer and director, over about 6 years. Across those companies the filings report $87.7M sold in total.
3 of the issuers belong to the sponsor group First Beverage (7 issuers, $73.5M reported sold, 2011–2017).
What this means A sponsor group is one team that sets up a new company for each deal. First Beverage has 7 companies on file and $73.5M reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, LA, ME, MO, MS, MT, NASAA, NC, NH, NM, OR, RI, TX, WA) — none found.
What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 9 public filings for Tom First and found 12 differences, 2 worth asking the sponsor about: 215% of the money raised went to insiders; Tom First is no longer listed on the Jul 13, 2017 amendment; 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.