WowRate Mortgage LLC (SEC Form D, Oct 2026): use of proceeds

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Key facts

Filed 2026-10-15 · Form D filed with the SEC · Form D
As filed 2026-10-15 · Sold to date: $0 · Form D
As filed 2026-10-15 · Total offering: Indefinite · Form D
As filed 2026-10-15 · First sale: Yet to occur · Form D
As filed 2026-10-15 · Investors already in: 0 · Form D

What the filing says

Offered: an open-ended amount (the filing says Indefinite). Sold: nothing yet. Left to sell: open-ended (Indefinite). (filing)
Investors: 0 had already invested. (filing)
Date of first sale: yet to occur. (filing)
Types of securities: Debt. (filing)
Item 16: the filing reports that none of the proceeds goes to executive officers, directors or promoters. It adds: “Each advance is wired directly to the closing escrow to fund an eligible mortgage loan. No proceeds are paid to any executive officer, director or promoter.” (filing)
On the amounts offered and sold: the filing adds “Revolving commitment under which the outstanding principal amount of notes may not exceed $2,000,000 at any time. Repaid advances may be re-advanced, and renewal rolls are issued as new notes, so the aggregate amount of notes issued is indefinite.” (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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Sources
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Sourced from the filing index on sec.gov.

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Last updated 2026-10-17

WowRate Mortgage LLC — SEC Form D filing, October 2026. MentionFox, 2026-10-17. https://mentionfox.com/funding/wowrate-mortgage-llc-form-d-000001

WowRate Mortgage LLC — Form D filing, October 2026