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X-Factor Communications Holdings, Inc. (XFCH) RSS Feed

Followers
2
Posters
4
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0
Posts (Total)
6
Created
05/18/12
Type
Free
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On March 5, 2012, Organic Spice Imports, Inc., a Delaware corporation (the “ Registrant ”) and its wholly owned subsidiary X-Factor Acquisition Corp., a Delaware corporation (“ MergerCo ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with X-Factor Communications, LLC, a New York limited liability company (“ X-Factor ”). X-Factor is a provider of interactive digital media network software and services. The X-Factor Digital Media Network Platform, its cloud-based digital signage, web and mobile solution, is delivered as a software-as-a-service and under software license model, enables its customers to build simple yet scalable marketing, advertising and corporate digital media networks. Upon consummation of the transactions contemplated by the Merger Agreement, MergerCo will be merged with and into X-Factor, at which time, the separate existence of MergerCo shall cease and X-Factor shall continue as the surviving entity and wholly-owned subsidiary of the Registrant (the “ Merger ”). xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx X-factor Communications Holdings, Inc raises $12.5M SOUTH HACKENSACK, NJ — X-factor Communications Holdings, Inc reported today in a filing with the U.S. Securities and Exchange Commission it had raised $12.5M in new funding. Companies file this special form with the U.S. Securities and Exchange Commission in the majority of cases when closing new funding. X-factor Communications Holdings, Inc did not disclose revenue figures according to the SEC Filing detailing the transaction. The type of investment being offered was listed as equity (opposed to debt, warrants, or other types of investment options). X-factor Communications Holdings, Inc noted they began raising the money on May 15, 2012. As of today, the entire $12.5M offering has been sold to private investors, no remaining investment is being sought at this time. Digging into X-factor Communications Holdings, Inc's fundraising history, this is the first SEC filing we've seen from X-factor Communications Holdings, Inc. This doesn't mean they haven't raised money in the past, this is the first time X-factor Communications Holdings, Inc has raised money and filed a special form with the SEC. Individuals listed in this offering by X-factor Communications Holdings, Inc include: Charles Saracino of South Hackensack, Nj ; Edwin F. Heinen of South Hackensack, Nj ; Jeffrey Singman of South Hackensack, Nj ; Ken Makow of South Hackensack, Nj ; Brian Watts of South Hackensack, Nj ; Michael Piro of South Hackensack, Nj ; Jim Morris of South Hackensack, Nj ; Louis Siracusano of South Hackensack, Nj The SEC Filing can be viewed in its entirety by clicking here: X-factor Communications Holdings, Inc Form D SEC Filing.
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