Prime Intellect raises $82.5M in private equity offering
Prime Intellect, Inc. completed a private equity offering under Regulation D Rule 506(b), selling $82,476,632 of the $84,999,778 target amount to nine investors. The offering commenced on June 3, 2026, with $2,523,146 remaining unsold, representing 97% of the targeted raise. No sales or finders compensation was paid.
Key facts
- $82,476,632 sold of $84,999,778 target
- $2,523,146 remaining unsold
- 9 investors to date
- Rule 506(b) exemption
- First sale date: June 3, 2026
Why it matters
The offering demonstrates Prime Intellect's ability to close a near-full equity raise without compensating intermediaries, providing capital for operations in a private placement structure.
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Derived from D filed 2026-07-01. Not investment advice. View the source filing on SEC.gov →