Roq.ad Inc. has filed an amendment to its previous offering, providing updated details about a private offering under Rule 506(b). This change is crucial for the company as it continues to seek capital to support its operations and growth.

Founded in Delaware, Roq.ad Inc. is based in Palo Alto, California. The company operates in the 'Other' industry group, focusing on innovative solutions in its sector. The recent filing was made on November 4, 2026, and follows an earlier submission on June 26, 2026.

The amendment states that the total offering amount is $14,804,790, with $10,917,190 already sold and $3,887,600 remaining. The filing indicates that there are 19 investors involved in this offering, and it has been confirmed that there are no non-accredited investors participating.

This update may affect various stakeholders, including current and potential investors, as it highlights the company’s ability to attract capital. The filing also indicates that Roq.ad has not incurred any sales commissions or finder’s fees, which may be appealing to investors looking for efficient fundraising.

The filing does not say what happens next, leaving some uncertainty about the timeline for the remaining offering and any future steps the company may take.

Company Leadership

Roq.ad Inc. is led by a team of experienced executives, including Carsten Frien, who serves as the Chief Executive Officer and is also a director. Other key members of the board include Carl Johan Grandinson and Scott Moen, both of whom hold director positions. The leadership team is based at the company's headquarters in Palo Alto, California.

Offering Details

The filing specifies that the offering is classified under Rule 506(b), which provides a safe harbor for private offerings. The duration of this offering is set to be less than one year, indicating a focused approach to raising the necessary capital within a defined timeframe.

Financial Information

While the filing reveals the total offering amount and the amounts sold and remaining, it does not disclose the revenue range for Roq.ad Inc., as the company has chosen to decline to disclose this information. This lack of financial transparency may be a consideration for potential investors.

Use of Proceeds

The filing does not provide specific details on how the gross proceeds from the offering will be utilized, as it indicates that no gross proceeds have been used to date. This could raise questions among investors regarding the intended application of the funds once raised.

The filing also notes that there have been no sales commissions or finder's fees associated with this offering, which may be attractive for investors looking for a more straightforward investment opportunity.