Q2 2026 | Arizona Debt, Equity & Venture Capital Insights
Q2 2026 Arizona capital markets activity and financing insights from William & Wall analyze the quarter's equity offerings, corporate debt issuance, and private venture rounds across the state—headlined by Osaic's $2 billion recapitalization and billion-dollar convertible offerings from ON Semiconductor and Knight-Swift. Based in Scottsdale, our investment banking firm advises Arizona business owners and issuers on sell-side M&A and strategic positioning—combining institutional rigor with deep local market expertise.
The information reflects transactions as reported, including deal descriptions, values, and statuses, but may contain gaps, such as undisclosed deal terms or financial metrics, which limit comprehensive analysis. While efforts have been made to ensure accuracy, users should consult primary sources or professional advisors for legal, financial, or strategic decisions. No warranties are made regarding the completeness or reliability of this data, and the provider assumes no liability for its use.
Arizona - Transaction Value and Count
Reflects ECM, DCM and ROF datasets
Arizona — Overview
Arizona's capital markets in Q2 2026 reflected deep and well-distributed institutional engagement, with 79 transactions generating approximately $11.9 billion in disclosed capital across equity, debt, and hybrid instruments—the busiest quarter of the year by deal count. Activity was anchored by a cluster of large-cap transactions rather than any single spin-off-scale issuer, with a pronounced tilt toward convertible notes, corporate and REIT debt, and recapitalization capital, alongside a deep base of Regulation D private placements and growth-stage venture rounds (58 of 79 transactions were private financings). Notable activity included Osaic's more than $2.0 billion recapitalization backed by Reverence Capital and Bain Capital, convertible note offerings from ON Semiconductor and Knight-Swift Transportation ($1.3 billion each), Southern Copper's $1.25 billion debt issuance, Amkor Technology's $1.0 billion convertible, Republic Services' $1.2 billion two-tranche notes, Healthcare Realty's $700 million offering, Viavi Solutions' $575 million follow-on, and Pinnacle West's $500 million utility debt—each underscoring Arizona's expanding footprint in national capital formation. Sizable growth equity and venture financings also featured prominently, including Rafi Law Services' $125 million raise, GT Medical Technologies' $100 million Series E, Terram Lab's $68.5 million Series A, and Wealth, Inc.'s $65 million Series B, while sector participation spanned semiconductors, copper and metals, environmental services, REITs and utilities, business development companies, and a deep bench of healthcare and technology platforms. Transaction count rose versus the prior quarter (79 versus 70 in Q1 2026), and while aggregate capital normalized below the first quarter's spin-off-inflated total, it reflected robust, broad-based access to public and institutional capital. Collectively, Q2 demonstrated resilient investor confidence, deep capital markets sophistication, and the continued integration of Arizona-based companies into the broader U.S. financing landscape.
Arizona — X / Y Plot By Sector: ECM, DCM and ROF (Venture Capital)
Reflects ECM, DCM and ROF datasets
Equity Capital Markets: Monthly Aggregate Transaction Value and Transaction Count
Debt Capital Markets: Monthly Aggregate Transaction Value and Transaction Count
Rounds of Funding (Venture Capital): Monthly Aggregate Transaction Value and Transaction Count
Arizona — Capital Markets Segmentation
Reflects ECM, DCM and ROF datasets
Arizona — Sector Breakdown
Reflects ECM, DCM and ROF datasets
Second Level Primary Industry Breakdown
Reflects ECM, DCM and ROF datasets
Arizona — Capital Markets Deal Summaries
Involio Inc. (3/31/26) - ROF - Venture - <5 Yrs Involio Inc. announced that it will receive $1,500,000 in funding on March 3, 2026. The company will issue SAFE securities pursuant to exemption provided under Regulation D, with a minimum outside investment of $10,000. As of March 31, 2026, the company had received $1,300,000 in its first tranche from two investors.
Equipifi, Inc. (4/2/26) - ROF - Venture - Series B Equipifi, Inc. announced that it will issue multiple series of Series B preferred stock for total gross proceeds of approximately $35.5 million on April 2, 2026. The shares are non-redeemable and convertible into common shares at their original issue price, issued pursuant to exemption provided under Regulation D.
Kalon Space, Inc. (4/2/26) - ROF - Venture - <5 Yrs Kalon Space, Inc. announced that it will receive $100,000 in funding on March 23, 2026. The company will issue SAFE securities pursuant to exemption provided under Regulation D.
Monetary Metals & Co. (4/6/26) - ROF - Mature - >7 Yrs Monetary Metals & Co. announced a $10,000,000 financing on February 27, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $100,000. As of April 6, 2026, the company had received $2,071,000 in its first tranche from eight investors.
P4L, Inc. (4/6/26) - ROF - Venture - <5 Yrs P4L, Inc. announced a $2,500,000 financing on March 24, 2026. The company will issue SAFE securities pursuant to Regulation D. As of April 6, 2026, the company had received $323,333 in its first tranche from one investor.
Rafi Law Services, LLC (4/6/26) - ROF - Venture - <5 Yrs Rafi Law Services announced that it has received $125,000,000 in a round of funding on April 6, 2026, with participation from a strategic equity investor. The company issued common stock at a post-money valuation of $450,000,000.
Axis Portable Air LLC (4/8/26) - ROF - Mature - >7 Yrs Axis Portable Air LLC announced a round of funding on April 8, 2026, with participation from new investor Tailwind Capital Group, LLC and returning investor Neuberger Berman Group LLC. The company issued convertible preferred stock, with PJT Partners acting as financial advisor.
Mattur Holdings, LLC (4/13/26) - ROF - Venture - <5 Yrs Mattur Holdings announced that it will receive $16,340,730 in funding on February 5, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D. As of April 13, 2026, the company had received $14,846,304 in its first tranche from 53 investors.
Banner Estrella Surgery Center, LLC (4/15/26) - ROF - Growth - Series 5-7 Yrs Banner Estrella Surgery Center, LLC announced that it will receive $490,000 in funding on March 1, 2026. The company will issue convertible preferred shares pursuant to exemption provided under Regulation D, with a minimum outside investment of $10,000. As of April 15, 2026, the company had received $405,000 in its first tranche from nine investors.
Ambulatory Surgery Center Acquisition HoldCo, LLC (4/16/26) - ROF - Venture - <5 Yrs Ambulatory Surgery Center Acquisition HoldCo, LLC announced that it will receive $20,000,000 in funding on April 16, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $200,000.
PreSwing Golf, LLC (4/16/26) - ROF - Venture - <5 Yrs PreSwing Golf, LLC announced that it will receive $1,500,000 in funding on April 8, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D. As of April 16, 2026, the company had received $150,000 in its first tranche from one investor.
Private Money Funding LLC (4/16/26) - ROF - Debt - Non-Convertible Private Money Funding, LLC announced that it will receive $8,872,152 in funding on November 13, 2025. The company will issue non-convertible debt pursuant to exemption provided under Regulation D, with a minimum outside investment of $200,000. As of April 16, 2026, the company had received the full $8,872,152 from 11 investors.
Wealth, Inc. (4/16/26) - ROF - Venture - Series B Wealth, Inc. announced that it has raised $65 million in a round of funding on April 16, 2026. The round included new investors T Ventures, PruVen Capital, K Fund, and Dynasty Financial Partners, alongside returning investors including The Charles Schwab Corporation, GV, and Citi Ventures. The company issued convertible preferred stock in the transaction.
Schnepf First Mortgage LLC (4/17/26) - ROF - Venture - <5 Yrs Schnepf First Mortgage LLC announced that it will receive $1,600,000 in funding on March 27, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $25,000.
Store Capital LLC (4/17/26) - DCM - Non-convertible Debt Store Capital LLC announced an exchange offer of up to $450 million of registered 4.950% Senior Notes due 2031 for an equal amount of unregistered notes issued in February 2026. Interest is payable semi-annually on February 11 and August 11, beginning August 11, 2026. The exchange offer was set to expire on May 27, 2026.
Nittetsu Mining USA LLC (4/20/26) - ROF - Venture - <5 Yrs Nittetsu Mining USA LLC announced that it will receive $3.5 million on April 20, 2026 from new investor Nittetsu Mining Co., Ltd., which will hold a 100% stake. The company will issue common stock in the transaction.
goBU, Inc. (4/21/26) - ROF - Venture - <5 Yrs goBU, Inc. announced that it will receive $1,500,000 in funding on February 26, 2026. The company will issue SAFE securities pursuant to exemption provided under Regulation D, with a minimum outside investment of $50,000.
Persefoni AI Inc. (4/21/26) - ROF - Growth - Series C Persefoni AI Inc. announced that it will issue 2,003,252 Series C-3 preferred shares at $8.6858 per share for gross proceeds of approximately $17.4 million on April 21, 2026, of which the company will receive $4,349,962. The preferred shares are convertible at $8.6858 per share, carry an 8% non-cumulative dividend, and are non-redeemable, issued under Regulation D.
Accelevate Solutions (4/22/26) - ROF - Venture - <5 Yrs Accelevate Solutions announced a term sheet to receive up to $1 million in funding on April 21, 2026 at a pre-money valuation of $8 million, with participation from new investor Brand Engagement Network, Inc. The company will issue common stock, with an initial $250,000 payment and a $750,000 installment due by May 31, 2026.
Martone St., LLC (4/22/26) - ROF - Venture - <5 Yrs Martone St., LLC announced that it will receive $1,250,000 in funding on April 7, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $25,000. As of April 22, 2026, the company had received $763,000 in its first tranche from seven investors.
Medical Care Technologies Inc. (4/22/26) - ECM - Follow-on Medical Care Technologies Inc. announced a best-efforts offering of up to 4,584,615,385 common shares at a price between $0.00013 and $0.001 per share. The minimum investment is $1,000, with Jonathan Leinwand acting as legal advisor to the company.
Purity Resource, Inc. (4/22/26) - ROF - Venture - <5 Yrs Purity Resource, Inc. announced that it will receive $4,500,000 in funding on April 7, 2026. The company will issue a convertible note pursuant to exemption provided under Regulation D, with a minimum outside investment of $25,000. As of April 22, 2026, the company had received $1,000,000 in its first tranche from a single investor.
Zebantra, Inc. (4/23/26) - ROF - Venture - <5 Yrs Zebantra, Inc. announced that it will receive $1,000,000 in funding on April 3, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $25,000. As of April 23, 2026, the company had received $25,000 in its first tranche from one investor.
HomeLight, Inc. (4/27/26) - ROF - Debt - Non-Convertible HomeLight, Inc. announced that it has raised $40 million in a round of funding on April 27, 2026, with participation from funds and accounts managed by new lender BlackRock, Inc. The company issued debt financing in the transaction.
Picard Medical, Inc. (4/27/26) - ECM - Follow-on Picard Medical, Inc. announced a follow-on offering of common warrants (exercisable at $0.4736) and pre-funded warrants (exercisable at $0.0001). The company agreed to pay the placement agent a 7.0% cash fee and a financial advisor a 1.0% management fee.
PointsKash Inc. (4/27/26) - ROF - Debt - Convertible PointsKash Inc. announced that it will receive $25,000,000 in funding on April 27, 2026. The company will issue convertible debt pursuant to exemption provided under Regulation D, with a minimum outside investment of $5,000,000.
Amkor Technology, Inc. (4/30/26) - ECM - Convertible Amkor Technology, Inc. announced a $1.0 billion offering of convertible notes that will not bear regular interest, with a trade date of May 1, 2026 and settlement on May 5, 2026. The notes are guaranteed by each Amkor subsidiary, and the initial purchasers hold a 13-day option for up to an additional $150 million.
Fusion Energy Solutions, Inc. (4/30/26) - ROF - Mature - >7 Yrs Fusion Energy Solutions, Inc. announced that it will receive $371,030 in funding on January 9, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $50,000.
Osaic, Inc. (4/30/26) - ROF - Mature - >7 Yrs Osaic, Inc. announced a recapitalization of more than $2.0 billion on April 30, 2026, with participation from returning investor Reverence Capital Partners and new investor Bain Capital, LP. The company issued common shares, with Jefferies acting as financial advisor and Kirkland & Ellis as legal advisor.
Talea Music, Inc. (4/30/26) - ROF - Venture - <5 Yrs Talea Music, Inc. announced a $300,000 financing on April 20, 2026. The company will issue SAFE securities pursuant to exemption provided under Regulation D, with a minimum outside investment of $15,000. As of April 30, 2026, the company had received $50,000 in its first tranche from two investors.
Healthcare Realty Holdings, L.P. (5/4/26) - DCM - Non-convertible Debt Healthcare Realty Holdings, L.P. announced a $700 million notes offering scheduled to settle on May 7, 2026, including $100 million from the full exercise of the initial purchasers' option. Interest is payable semi-annually on January 15 and July 15, beginning January 15, 2027.
Perplexity AI Insider Stock Acquisitions, LLC (5/4/26) - ROF - Venture - <5 Yrs Perplexity AI Insider Stock Acquisitions, LLC announced a funding transaction on February 18, 2026. The company will issue common shares pursuant to exemption provided under Regulation D, with a minimum outside investment of $10,000. As of May 4, 2026, the company had received $1,900,000 in its first tranche from 26 investors.
Knight-Swift Transportation Holdings Inc. (5/5/26) - ECM - Convertible Knight-Swift Transportation Holdings Inc. announced a $1.3 billion offering of convertible notes, priced May 6, 2026 and expected to close May 8, 2026, at an initial conversion rate of 12.4835 shares per $1,000 principal. Interest is payable semi-annually on May 15 and November 15, beginning November 15, 2026, with a 13-day option for up to an additional $200 million.
Supersede (5/5/26) - ROF - Debt - Non-Convertible Supersede announced that it has received $5 million in a round of funding from new investor Closed Loop Partners, LLC on May 5, 2026. The company issued a catalytic loan in the transaction.
Honeywell Aerospace Inc. (5/6/26) - ROF - Mature - >7 Yrs Honeywell Aerospace Inc. announced a round of funding on May 6, 2026, with participation from new investor AllClear Aerospace & Defense, Inc. The company issued convertible preferred stock in the transaction.
ON Semiconductor Corporation (5/6/26) - ECM - Convertible ON Semiconductor Corporation announced a $1.3 billion offering of convertible notes that will not bear regular interest, expected to close May 11, 2026, with an expected listing date of May 20, 2026. The notes are guaranteed by certain subsidiaries, with a 13-day option for up to an additional $200 million.
GT Medical Technologies, Inc. (5/7/26) - ROF - Growth - Series E GT Medical Technologies, Inc. announced that it will issue 38,277,505 Series E preferred shares at $2.6125 per share for gross proceeds of approximately $100 million on May 7, 2026, at a post-money valuation of $299,299,944. The preferred shares are convertible at their original issue price and non-redeemable.
LifeStance Health Group, Inc. (5/7/26) - ECM - Follow-on LifeStance Health Group, Inc. announced a follow-on offering of 35,000,000 shares by selling stockholders, with delivery expected on or about May 12, 2026. The company agreed to purchase 6,000,000 of the offered shares from the underwriter at the price paid to the selling stockholders.
Sterling Home Tech Inc. (5/7/26) - ROF - Venture - <5 Yrs Sterling Home Technologies Inc. announced that it will receive $400,000 in funding on April 30, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $10,000. As of May 7, 2026, the company had received $200,000 in its first tranche from one investor.
TriVita, Inc. (5/8/26) - ROF - Mature - >7 Yrs TriVita, Inc. announced that it will receive $3,000,000 in funding on May 8, 2026. The company will issue convertible preferred shares pursuant to exemption provided under Regulation D, with a minimum outside investment of $5,000.
Flora Coatings, Inc. (5/9/26) - ROF - Venture - <5 Yrs Flora Coatings, Inc. announced that it will receive $100,000 in funding on May 6, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $50,000.
High Entropy Security Holdings, Inc. (5/12/26) - ROF - Venture - <5 Yrs High Entropy Security Holdings, Inc. announced that it will receive $500,000 in funding on April 30, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D.
CBD Life Sciences Inc. (5/15/26) - ECM - Follow-on CBD Life Sciences Inc. announced a best-efforts offering of up to 4,000,000,000 common shares under Regulation A (Tier 1) with no minimum purchase required. The offering terminates at the earliest of the maximum being sold, one year from SEC qualification, or termination by the company.
Copper State Credit Union (5/15/26) - ROF - Debt - Non-Convertible Copper State Credit Union announced that it will receive $10,000,000 in funding on May 5, 2026. The company will issue convertible debt pursuant to exemption provided under Regulation D, with a minimum outside investment of $100,000. Olden Lane Securities and Stifel acted as placement agents.
Trinity Capital Inc. (5/19/26) - DCM - Non-convertible Debt Trinity Capital Inc. announced a $300 million notes offering with a trade date of May 19, 2026 and issue date of May 21, 2026, at a yield to maturity of 7.198% and a spread of +287.5 basis points. Interest is payable semi-annually on May 21 and November 21, beginning November 21, 2026.
Viavi Solutions Inc. (5/19/26) - ECM - Follow-on Viavi Solutions Inc. announced a follow-on offering with the underwriters granted a 30-day option to purchase 1,666,666 additional shares, which was exercised in full on May 20, 2026. The offering closed on May 21, 2026.
PractiVet Holdings, LLC (5/20/26) - ROF - Mature - >7 Yrs PractiVet announced a round of funding on April 29, 2026, with participation from new investors Chinook Investment Partners, Mercantile Bankshares, and Focus Ventures. The company issued convertible preferred stock in the transaction.
TriStar Gold, Inc. (5/20/26) - ECM - Follow-on TriStar Gold Inc. announced a best-efforts private placement of 30,435,000 units at CAD 0.23 per unit for gross proceeds of CAD 7,000,050 on May 20, 2026, with Stifel Nicolaus Canada acting as lead agent. Each unit consists of one common share and one-half warrant exercisable at CAD 0.30 for 24 months.
Lunar Helium-3 Mining, LLC (5/21/26) - ROF - Venture - Series A Lunar Helium-3 Mining, LLC announced that it will receive $20,000,000 in a round of funding led by strategic and institutional partners on May 21, 2026. The company will issue convertible preferred stock in the transaction.
ShiftUp Inc. (5/26/26) - ROF - Venture - <5 Yrs ShiftUp Inc. announced that it will receive $2,500,000 in funding on April 15, 2026. The company will issue SAFE securities pursuant to exemption provided under Regulation D. As of May 26, 2026, the company had received $1,200,000 in its first tranche from eight investors.
TauriPay, a Public Benefit Corp (5/26/26) - ROF - Venture - <5 Yrs TauriPay, a Public Benefit Corp, announced that it will receive $200,000 in funding on April 21, 2026. The company will issue SAFE securities pursuant to exemption provided under Regulation D.
v4c.ai (5/26/26) - ROF - Venture - Series A v4c.ai announced a round of funding on May 26, 2026, with participation from new investors Databricks Ventures and Tquila. The company issued convertible preferred stock in the transaction.
Nevent Inc. (5/27/26) - ROF - Early Stage - Accelerator Nevent Inc. announced that it will receive up to $0.8 million in an incubation round from new investor MedTech Innovator on May 27, 2026, as part of the 2026 MTI Accelerator Program. The company will issue convertible preferred shares in the transaction.
Copper Ridge Financial LLC (5/29/26) - ROF - Venture - <5 Yrs Copper Ridge Financial LLC announced funding on May 21, 2026, with participation from new investor NEXA Mortgage, LLC. The company will issue convertible preferred shares, with Columbia West Capital advising NEXA Mortgage.
Fusion Energy Solutions, Inc. (5/29/26) - ROF - Mature - >7 Yrs Fusion Energy Solutions, Inc. announced that it will receive $12,000,000 in funding on May 21, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $25,000. As of May 29, 2026, the company had received $2,500,000 in its first tranche from a single investor.
Gunnison Copper Corp. (5/29/26) - ECM - Follow-on Gunnison Copper Corp. announced a follow-on offering expected to close on or about June 3, 2026, with the underwriters' 30-day over-allotment option for 10,714,500 additional shares exercised in full. The shares are eligible for Canadian registered accounts.
Amtech Systems, Inc. (6/1/26) - ECM - Follow-on Amtech Systems, Inc. announced a follow-on offering priced June 1, 2026 and expected to close on or about June 3, 2026, at underwriting discounts and commissions of 5.0% of gross proceeds ($1.025 per share).
BoreDM LLC (6/1/26) - ROF - Venture - Series A BoreDM LLC announced a round of funding led by new investor Five Elms Capital Management, LLC on June 1, 2026. The company issued convertible preferred stock in the transaction.
Geo Fantasy Sports, LLC (6/1/26) - ROF - Growth - Series 5-7 Yrs Geo Fantasy Sports, LLC announced that it will receive $600,000 in funding on May 22, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $75,000. As of June 1, 2026, the company had received $75,000 in its first tranche from one investor.
Pinnacle West Capital Corporation (6/1/26) - DCM - Non-convertible Debt Pinnacle West Capital Corporation announced a $500 million notes offering with a trade date of June 1, 2026 and settlement on June 5, 2026, at a yield to maturity of 4.681% and a treasury spread of +58 basis points. Interest is payable semi-annually on June 1 and December 1, beginning December 1, 2026.
Norient Acquisition (6/3/26) - ECM - IPO Norient Acquisition announced a $105 million SPAC initial public offering of units at $10.00 each, each consisting of one Class A ordinary share, one redeemable warrant, and one right to a quarter-share upon an initial business combination. The company intends to list on the Nasdaq Global Market.
Siensmetrica, Inc. (6/5/26) - ROF - Early Stage - Seed Siensmetrica, Inc. announced that it will issue 3,811,702 series seed preferred shares at $0.954 per share for gross proceeds of $3,636,364 on May 27, 2026, at a post-money valuation of $4,096,361. The preferred shares are convertible at their original issue price and non-redeemable, issued under Regulation D.
Store Capital LLC (6/5/26) - DCM - Non-convertible Debt Store Capital LLC announced the concurrent issuance of $243.0 million of 7-year Class A-2 notes, $40.5 million of 5.75-year Class A-3 notes, and $40.5 million of 7-year Class A-4 notes.
FutureState, Inc. (6/8/26) - ROF - Venture - <5 Yrs FutureState, Inc. announced that it will receive $937,500 in funding on June 2, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with a minimum outside investment of $10,000. As of June 8, 2026, the company had received $12,500 in its first tranche from one investor.
Post.Bid.Ship., Inc. (6/10/26) - ROF - Mature - >7 Yrs Post.Bid.Ship, Inc. announced that it will receive $1,000,000 in funding on May 29, 2026. The company will issue equity and warrants pursuant to exemption provided under Regulation D, with a minimum outside investment of $20,000. As of June 10, 2026, the company had received $100,000 in its first tranche from three investors.
Ally Waste Services Topco, LLC (6/15/26) - ROF - Venture - <5 Yrs Ally Waste Services Topco, LLC announced that it will receive $53,700,000 in funding on June 1, 2026. The company will issue convertible preferred stock pursuant to exemption provided under Regulation D, with William Blair acting as placement agent.
Southern Copper Corporation (6/15/26) - DCM - Non-convertible Debt Southern Copper Corporation announced a $1.25 billion notes offering with a trade date of June 16, 2026 and settlement on June 24, 2026, at a yield to maturity of 5.376% and a T-spread of 0.95%. Interest is payable semi-annually on June 24 and December 24, beginning December 24, 2026.
CND Life Sciences, Inc. (6/16/26) - ROF - Mature - >7 Yrs CND Life Sciences, Inc. announced that it will receive $6,250,000 in funding on June 9, 2026. The company will issue non-convertible debt pursuant to exemption provided under Regulation D, with a minimum outside investment of $25,000. As of June 16, 2026, the company had received $4,314,750 in its first tranche from a single investor.
Katalyst Space Technologies LLC (6/16/26) - ROF - Early Stage - Seed Katalyst Space Technologies LLC announced that it has received $12 million in a round of funding led by new investor Geodesic Alliance Fund, L.P., managed by Geodesic Capital, on June 16, 2026. The round included new investor Fortitude Ventures, and the company issued convertible preferred shares.
Terram Lab Corp (6/16/26) - ROF - Venture - Series A Terram Lab Corp announced that it will receive $68,545,946 in a round of funding on June 16, 2026, issuing multiple series of Series A preferred shares. The shares are convertible into common shares at their original issue price.
King Global Ventures Inc. (6/18/26) - ECM - Follow-on King Global Ventures Inc. announced a non-brokered private placement of 4,000,000 units at $0.50 per unit for gross proceeds of $2,000,000 on June 18, 2026. Each unit consists of one common share and one warrant exercisable at $0.75 for two years, subject to a four-month hold period.
TOCALO USA - Arizona LLC (6/19/26) - ROF - Venture - <5 Yrs TOCALO USA-Arizona LLC announced that it will receive $5 million in a round of funding on June 19, 2026 from returning investor TOCALO USA, Inc., which retains a 100% stake. The company will issue common stock, increasing its capital from $1 million to $6 million.
Republic Services, Inc. (6/22/26) - DCM - Non-convertible Debt Republic Services, Inc. announced $700 million of 4.750% Notes due 2031 with a trade date of June 22, 2026 and settlement on June 26, 2026, at a yield to maturity of 4.788% and a treasury spread of +50 basis points. The notes were issued concurrently with $500 million of 5.000% Notes due 2036.
Republic Services, Inc. (6/22/26) - DCM - Non-convertible Debt Republic Services, Inc. announced $500 million of 5.000% Notes due 2036 with a trade date of June 22, 2026 and settlement on June 26, 2026, at a yield to maturity of 5.131% and a treasury spread of +62 basis points. The notes were issued concurrently with $700 million of 4.750% Notes due 2031.
Accelevate Solutions (6/24/26) - ROF - Early Stage - Crowdfunding Accelevate Solutions announced a private placement of SAFE securities at $1 each for minimum proceeds of $100,000 and maximum proceeds of $1,000,000 on June 24, 2026. The company is raising funds through crowdfunding platform Fundify Portal, LLC under Regulation CF and will accept oversubscriptions.
ACES Diagnostics, Inc. (6/25/26) - ROF - Debt - Non-Convertible ACES Diagnostics, Inc. announced that it will receive $3,000,000 in funding on May 5, 2026. The company will issue non-convertible debt pursuant to exemption provided under Regulation D, with a minimum outside investment of $25,000. As of June 25, 2026, the company had received $400,000 in its first tranche from two investors.
Bluetail, Inc. (6/26/26) - ROF - Venture - Series B Bluetail, Inc. announced that it will issue 1,195,012 Series B-4 preferred shares at $2.09203 per share for gross proceeds of approximately $2.5 million on June 26, 2026, at a post-money valuation of $24,771,047. The preferred shares are convertible at their original issue price and non-redeemable. As of July 1, 2026, the company had received $1,500,000 in its first tranche.
Synthreo, Inc (6/26/26) - ROF - Early Stage - Seed Synthreo, Inc. announced that it will receive $3,499,999 in a round of funding on June 26, 2026, issuing series seed and seed-1 preferred shares at a post-money valuation of $6,330,447. The shares are convertible into common shares at their original issue price and non-redeemable, issued under Regulation D.
The Interval LLC (6/30/26) - ROF - Venture - <5 Yrs Interval, LLC announced a $1,000,000 financing on June 9, 2026. The company will issue convertible preferred shares pursuant to exemption provided under Regulation D, with a minimum outside investment of $5,000. As of June 30, 2026, the company had received $40,000 in its first tranche from seven investors.
Capital Markets Segmentation — Glossary:
Equity Capital Markets
Follow-on: A public issuance of additional shares by a listed company to raise capital.
Convertible: Issuing equity-linked securities that can convert into common shares, blending debt and equity.
Debt Capital Markets
Non-convertible Debt: Fixed-income securities issued to raise capital, without equity conversion.
Preferred Equity: Shares with fixed dividends and priority over common equity, without conversion.
Rounds of Funding
Early Stage - Pre-Seed: Early startup investment for ideation or initial setup.
Early Stage - Crowdfunding: Raising small capital amounts from many investors via online platforms.
Early Stage - Seed: Initial startup investment for product development or market entry.
Venture - <5 Yrs: Early-stage investment in startups less than five years old for growth.
Mature - >7 Yrs: Capital raised by established companies over seven years old for expansion.
Debt - Convertible: Private debt that converts to equity, often for startups.
Debt - Non-Convertible: Private debt financing that doesn’t convert to equity, funding operations.
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