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Form D · on the record

Madison Scientific — $7.66M Form D filing, January 2025

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Madison Scientific, Inc. filed an amended Form D with the Securities and Exchange Commission on 2025-01-27.

Madison Scientific, Inc. filed an amended Form D notice of an exempt securities offering with the SEC on January 27, 2025. The filing reports $7.66M sold. Its industry group is Other Health Care. It names Joshua Carson (Director), John Slump (Director), Bermans Iskandar (Director) (SEC Form D/A, January 27, 2025).

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John Slump is also named on 1 other Form D filing ↓

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Madison Scientific, Inc.

New Form D on file · 2025-01-27 · the record

$7.66M
raise on the record
D/A
filing
69
investors in
ILLINOIS
based
Open the record →

What the record says

FilingForm D/A (amended)
Filed2025-01-27
Industry groupOther Health Care
Entity typeCorporation
Incorporated inDELAWARE
Year formed2020
BasedCHICAGO, ILLINOIS
CIK2053472
Accession0002053472-25-000003

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What the filing shows about Madison Scientific, Inc.

  • 69 investors had already put money in when it filed.
  • The filing names 5 people as officers, directors or promoters.

Only in the Full Report: Who Runs It, And How To Reach Them · Warning Bells · Who Pays Them, And Who They Are Up Against.

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Who the filing names, and in what role

The filing gives Madison Scientific, Inc.'s address as 1623 W Fulton Street, Chicago, IL 60612.

Amended on 2025-04-14: the offering size changed from $7,142,500 to $10,142,500; the amount sold changed from $4,132,499 to $7,656,594; the number of investors changed from 57 to 69. Figures on this page are from the amendment. Amended filing · Original filing

What the filing says

  • Offered: $10,142,500. Sold: $7,656,594. Left to sell: $2,485,906. (filing)
  • Investors: 69 had already invested. (filing)
  • Date of first sale: January 10, 2025. (filing)
  • Types of securities: Equity; Options, warrants or other rights to acquire another security; Securities to be acquired on exercise of an option, warrant or other right. (filing)
  • Item 16: the filing reports that none of the proceeds goes to executive officers, directors or promoters. (filing)
  • Securities that converted: the filing says “A portion of the Total Offering Amount and Total Amount Sold is comprised of the conversion of certain convertible securities previously issued by the Company.” (filing)

This is the company's own disclosure. A payment disclosed on a Form D is a disclosed use of proceeds, not a finding of wrongdoing.

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Is Madison Scientific, Inc. a real, registered company?

Madison Scientific, Inc. is a registered filer with the SEC (CIK 2053472) and has filed since 2025-01-27. 2 filings are on record, the latest on 2025-04-14.

A filing shows the company exists and what it reports about itself. It is not an audit or a rating.

Who runs Madison Scientific, Inc.?

Madison Scientific, Inc.'s Form D of 2025-01-27 names Joshua Carson, John Slump, Bermans Iskandar and 2 more as its officers, directors or promoters.

How much has Madison Scientific, Inc. raised?

Its new offerings report $4.13M sold across 1 offering, as its own filings state.

Filing history · 2 filings on this registrant
Form D · 2025-01-27 · $4.13M · this pageForm D/A, amended · 2025-04-14 · $7.66M 2025-01-27 2025-04-14

A hollow marker is an amendment (Form D/A); a solid one is an original Form D. The larger marker is the filing this page is about.

Other Health Care · by week

Trailing twelve months. 861 filings in Other Health Care, totalled by week.

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What the filing shows about Madison Scientific, Inc.

  • 69 investors had already put money in when it filed.
  • The filing names 5 people as officers, directors or promoters.

Only in the Full Report: Who Runs It, And How To Reach Them · Warning Bells · Who Pays Them, And Who They Are Up Against.

Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News

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  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

  7. Warning Bells

  8. Sources

    2 cited sources found

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Madison Scientific, Inc.: Raised $7.66M, Form D filed 2025-01-27
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Permanent URL: https://mentionfox.com/funding/madison-scientific-inc-form-d-25000001
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3
Madison Scientific raised $7.66M — SEC Form D filing, January 2025. MentionFox, 2026-11-06. https://mentionfox.com/funding/madison-scientific-inc-form-d-25000001