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
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)
Clarification of Response
Item 3. Related Persons
Name
CHRIS LARSEN
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
DAVID STROHM
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
SAAR GUR
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
THOMAS PATTERSON
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
CARL PASCARELLA
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
AIDA ALVAREZ
Address
subscription required
Relationship(s)
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
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
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