Form D

View Original Filing

Notice of Exempt Offering of Securities

Item 1. Issuer's Identity

Name of Issuer:
PROGRESO FINANCIERO HOLDINGS, INC.
Jurisdiction of Incorporation/Organization
DE
Year of Incorporation/Organization
2011

Previous Name(s)

Entity Type
CORPORATION

Item 2 Issuer Principal Place of Business and Contact Information

171 CONSTITUTION DRIVE
MENLO PARK, CA 94025
Phone Number: subscription required

Item 3. Related Persons

Name
JAMES GUTIERREZ
Address
subscription required
Relationship(s)
  • EXECUTIVE OFFICER
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
DAVID TOMLINSON
Address
subscription required
Relationship(s)
  • EXECUTIVE OFFICER
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
JONATHAN COBLENTZ
Address
subscription required
Relationship(s)
  • EXECUTIVE OFFICER
Clarification of Response

Item 3. Related Persons

Name
CHRIS LARSEN
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
DAVID STROHM
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
SAAR GUR
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
THOMAS PATTERSON
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
CARL PASCARELLA
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
AIDA ALVAREZ
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 4. Industry Group

OTHER BANKING AND FINANCIAL SERVICES

Item 5. Issuer Size

Revenue Range (for issuer not specifying "hedge" or "other investment" fund in Item 4 above)
DECLINE TO DISCLOSE

Item 6. Federal Exemptions and Exclusions Claimed

Item 7. Type of Filing

New Notice
Date of First Sale in this Offering:
12/22/2011

Item 8. Duration of Offering

Does the issuer intend this offering to last more than one year?
No

Item 9. Type(s) of Securities Offered

  • Equity

Item 10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
No
Clarification of Response

Item 11. Minimum Investment

Minimum Investment accepted from any outside investor
0

Item 12. Sales Compensation

Recipient
UBS SECURITIES LLC
Recipient CRD Number
7654
(Associated) Broker or Dealer)
NONE
(Associated) Broker or Dealer CRD Number
NONE
Address
677 WASHINGTON BLVD.
STAMFORD, CT 06901
States of Solicitation
  • CA
  • CT
  • GA
  • IL
  • MA
  • NY
  • PA
  • TX

Item 13. Offering and Sales Amounts

Total Offering Amount
40000000
Total Amount Sold
18399995
Total Remaining to be Sold
21600005
Clarification of Response
THE AMOUNT SOLD INCLUDES $9,373,296.96 OF THE PRINCIPAL CONVERSION AMOUNT OF NOTES.

Item 14. Investors

Securities in the offering have been or may be sold to persons who do not qualify as accredited investors,
Number of non-accredited investors who already have invested in the offering:
Total number of investors who already have invested in the offering:
13

Item 15. Sales Commissions and Finders' Fees Expenses

Sales Commissions:
0.0
Finders' Fees
134000.0
Clarification of Response
PLACEMENT AGENT FEES PAID IN THIS OFFERING. RECIPIENT IS LISTED IN ITEM 12.

Item 16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers,directors or promoters in response to Item 3 above.
0.0
Clarification of Response
PROCEEDS ARE TO BE USED FOR WORKING CAPITAL.

Signature and Submission

Issuer Name
PROGRESO FINANCIERO HOLDINGS, INC.
Issuer Signature
/S/JONATHAN COBLENTZ
Signer Name
JONATHAN COBLENTZ
Signer Title
CFO
Signature Date
01/06/2012
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