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SEC filing record
Primary Source · SEC.gov

Pacaso Inc.

Platform / Operating Company2025 vintage506(c)
Latest signalReg A current reportForm 1-U · 2026-09-3022 events: 6 reg a supplement, 3 reg a semiannual report, 2 reg a current reportLast filing 2026-09-30
PacasoFull Review

Raised

$15M

Investors

4

Min Invest

$10,000

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AltStreet Analysis

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Generated from EDGAR primary sources

This filing is a Form D amendment from Pacaso Inc., a Delaware-incorporated home co-ownership platform, reporting $370K raised from 4 investors under Rule 506(c) with a $10K minimum investment. The offering is structured as equity securities, and no sales commissions were disclosed. The filing does not indicate association with a known fund platform, appearing to reflect a direct capital raise by the operating company itself.

Within alternative investments, this filing represents a small equity raise by an operating company (rather than a pooled fund vehicle), using the common 506(c) general-solicitation exemption. A $10K minimum is on the lower end for private placements, and the $370K total across 4 investors suggests a modest supplemental or follow-on tranche rather than a primary institutional round.

Data Flags

First Sale DateFirst sale date is not disclosed despite the raise being well under $100M, which is atypical outside large institutional amendments.
Total Amount SoldAmendment filing reports a relatively small raise ($370K) for a well-known operating company, suggesting this may reflect an incremental or supplemental tranche rather than a new primary round.

Critical Disclosures

What the filings and the regulators have said about this entity that a reader should know first. Each line links to its source. The history, the same event across other issuers, and alerts are in the terminal.

Semi-annual financial statements for the period ended June 30, 2026, unaudited

Going concern: no substantial-doubt language. The figures are in the terminal.

Filing
Each line is a fact as filed. The history behind it, the same event across other issuers, and an alert on the next one:Open in the terminal Watch this issuer

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001858206
Entity NamePacaso Inc.
Exemption506(c)
Entity Type—
Jurisdiction of OrganizationDelaware
Issuer Address18 E. 4th Street, Suite 902, Cincinnati, OH 45202
Phone(844) 272-2276
Industry / Fund Type—
Securities TypeEquity
First Sale Date—
Filing DateSeptember 17, 2025
Accession Number0001858206-25-000005
Total Offering Amount—
Total Amount Sold$15,429,385
Total Investors4
Minimum Investment$10,000
Offering Duration—
State (Issuer Address)OH
Amendment Count24 filings on record

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first (15 of 24). Each opens the SEC archive folder.

1-USeptember 30, 20261-SASeptember 28, 20261-UApril 30, 20261-KApril 30, 2026D/ASeptember 17, 20251-SASeptember 12, 2025DJuly 21, 2025253G2May 30, 20251-KApril 30, 2025253G2February 28, 2025253G2February 4, 2025253G2December 6, 20241-SANovember 21, 2024253G2November 21, 2024253G2October 1, 2024

AltStreet Coverage

Original reporting from AltStreet's daily EDGAR monitoring covering Pacaso and its filings.

Pacaso's Loss Halved, and Almost All of the Improvement Was One Advertising Line Ending

The co-ownership platform's semiannual report shows a $12.5 million loss against $22.3 million a year earlier. The line that paid to advertise its own retail stock offering went from $9.4 million to zero, which accounts for 96% of the change. A separate note discloses settlements with co-owners over terms they were not told about at closing.

This entity · Sep 2026

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Filing events

22

latest Sep 30, 2026

Critical / warning

0 / 0

5 watch · 17 info

Statements extracted

5

through Jun 30, 2026

NAV prints

0

none on file

Offering chains

7

closed, raising, reporting

Latest event Current report · Sep 30, 2026

SEC.gov
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Investor

  • The dated record: 170 facts with source, effective date and capture date, viewable as AltStreet knew them on any past day
  • 5 extracted financial statements: assets, liabilities, equity, revenue, net income, cash, latest for the period ended 2026-06-30
  • 22 filing events with values and deltas, latest 2026-09-30, and alerts on the next one
  • 7 offering timelines: velocity, share raised, first-sale lag, stalled flags

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  • This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
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Regulatory Activity

Filing events on this entity detected by AltStreet's EDGAR monitoring.

Sep 2026Material event report (Form 1-U)
SEC.gov
Sep 2026Semiannual report (Form 1-SA)
SEC.gov

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Auditor of Record

Deloitte & Touche LLP

As named on this issuer's SEC filings · Audited · see all issuers this firm audits

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

David Willbrand

Executive Officer · Cincinnati, OH

G. Allison

Executive Officer, Director · Cincinnati, OH

Spencer Rascoff

Director · Cincinnati, OH

Dan Levitan

Director · Cincinnati, OH

Lara Cumberland

Director · Cincinnati, OH

Malissia Clinton

Director · Cincinnati, OH

Questions About Pacaso Inc.

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Pacaso Inc.?

Pacaso Inc. is an issuer that filed a Form D with the SEC on September 30, 2026. The filing claims 506(c). AltStreet links the issuer to Pacaso.

Is Pacaso Inc. legit?

AltStreet does not rate legitimacy; it reports the public record. Pacaso Inc. filed a Form D with the SEC on September 30, 2026 claiming 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $15,429,385 sold to 4 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Pacaso, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is Pacaso Inc. registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Pacaso Inc. claimed 506(c) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has Pacaso Inc. raised?

Pacaso Inc. reported $15,429,385 sold from 4 investors as of the Form D filed September 30, 2026.

Who can invest in Pacaso Inc.?

The minimum investment accepted from an outside investor is $10,000.

What is the minimum investment in Pacaso Inc.?

The Form D lists $10,000 as the minimum investment accepted from any outside investor as of September 30, 2026. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Pacaso Inc. and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Who is behind Pacaso Inc.?

The Form D lists 6 related persons: David J. Willbrand, executive officer (CLO); G. Austin Allison, executive officer, director (CEO); Spencer Austin Rascoff, director; Dan Austin Levitan, director; Lara Austin Cumberland, director; Malissia Austin Clinton, director. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Pacaso Inc. located?

The issuer's address on its SEC filings is 18 E. 4th Street, Suite 902, Cincinnati, OH 45202. Its phone number of record is 844-272-2276. It is organized under the laws of Delaware.

How long is the Pacaso Inc. offering open?

An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.