Cellular Logistics files Form D for $100,000 convertible note offering
The Wisconsin biotechnology company reported $50,000 sold to one investor as of a July 15, 2026 filing.
Cellular Logistics, Inc., based in Madison, Wisconsin, filed a Form D with the SEC disclosing a securities offering. The company was incorporated in Wisconsin more than five years ago and has its principal place of business in Madison.1
The offering consists of convertible promissory notes classified as debt securities.1 The filing lists a date of first sale of June 25, 2026, and is marked as a new notice rather than an amendment.1 The company claimed the Rule 506(b) exemption under Regulation D.1
The filing states the offering is not tied to a merger, acquisition, or exchange offer type transaction. The minimum investment accepted from any outside investor is $25,000.1
The total offering amount is listed at $100,000, with $50,000 already sold and $50,000 remaining to be sold.1 One investor has invested in the offering to date.1 The company reported no sales commissions or finders' fees.1
The filing estimates that $10,000 of gross proceeds will go to payments for executive officers, directors, or promoters named in the disclosure.1
The related persons named in the filing are Amish Raval and Alex Vodenlich, both listed as executive officers and directors, and Eric Schmuck, listed as an executive officer.1 The form was signed by Alex Vodenlich, identified as President/CEO, on July 15, 2026.1
The company's industry group is listed as biotechnology within the health care sector.1 The issuer indicated the offering is not intended to last more than one year.1
Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.