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[D] Asure Software, Inc SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
D
Rhea-AI Filing Summary

Asure Software, Inc. filed a Form D reporting a Regulation D equity offering under Rule 506(b). The issuer set a total offering size of $2,837,000 and has sold $2,305,750, leaving $531,250 remaining. The filing notes securities may be issued in connection with acquisitions. The offering began with a first sale on 2025-08-01 and is a new notice. The issuer reports no sales commissions or finders fees and no payments to executive officers, directors, or promoters from offering proceeds. The issuer lists 4 investors to date and indicates a minimum outside investment of $0.

Asure Software, Inc. ha depositato un Modulo D notificando un'offerta di equity ai sensi del Regulation D, Rule 506(b). L'emittente ha fissato la dimensione totale dell'offerta a $2.837.000 e ha venduto $2.305.750, lasciando $531.250 ancora disponibili. Nel deposito si segnala che titoli potrebbero essere emessi in relazione ad acquisizioni. L'offerta è iniziata con la prima vendita il 2025-08-01 ed è una nuova comunicazione. L'emittente dichiara l'assenza di commissioni di vendita o finder e nessun pagamento a dirigenti, amministratori o promotori proveniente dai proventi dell'offerta. L'emittente segnala 4 investitori fino ad oggi e indica un investimento minimo esterno di $0.

Asure Software, Inc. presentó un Formulario D notificando una oferta de capital conforme al Regulation D, Rule 506(b). El emisor estableció un tamaño total de oferta de $2.837.000 y ha vendido $2.305.750, quedando $531.250 disponibles. La presentación indica que podrían emitirse valores en relación con adquisiciones. La oferta comenzó con una primera venta el 2025-08-01 y es un aviso nuevo. El emisor informa que no hubo comisiones de venta ni honorarios a intermediarios y no se realizaron pagos a ejecutivos, directores o promotores con los ingresos de la oferta. El emisor lista 4 inversores hasta la fecha e indica una inversión mínima externa de $0.

Asure Software, Inc.� Rule 506(b)� 따른 Regulation D 지분공모를 신고하는 Form D� 제출했습니다. 발행인은 � 공모 규모� $2,837,000� 설정했고 $2,305,750� 판매하여 $531,250가 남아 있습니다. 신고서에� 인수와 관련하� 증권� 발행� � 있다� 기재되어 있습니다. 공모� 2025-08-01� � 판매� 시작되었으며 새로� 통지입니�. 발행인은 판매 수수료나 중개 수수료가 없었� 공모 수익으로 경영�, 이사 또는 홍보자에� 지급된 금액� 없다� 보고합니�. 발행인은 현재까지 4명의 투자자를 기재했으� 최소 외부 투자액을 $0� 표시했습니다.

Asure Software, Inc. a déposé un Formulaire D déclarant une offre de titres de capitaux propres en vertu du Regulation D, Rule 506(b). L'émetteur a fixé la taille totale de l'offre à $2.837.000 et a vendu $2.305.750, laissant $531.250 restants. Le dépôt indique que des titres pourraient être émis dans le cadre d'acquisitions. L'offre a débuté avec une première vente le 2025-08-01 et constitue un nouvel avis. L'émetteur déclare qu'il n'y a pas eu de commissions de vente ni d'honoraires d'intermédiaires et qu'aucun paiement n'a été effectué aux dirigeants, administrateurs ou promoteurs à partir des produits de l'offre. L'émetteur répertorie 4 investisseurs à ce jour et indique un investissement extérieur minimum de $0.

Asure Software, Inc. hat ein Formular D eingereicht und eine Eigenkapital-Transaktion nach Regulation D, Rule 506(b) gemeldet. Der Emittent setzte die Gesamtangebotssumme auf $2.837.000 fest und hat $2.305.750 verkauft, sodass $531.250 verbleiben. In der Einreichung wird vermerkt, dass Wertpapiere im Zusammenhang mit Übernahmen ausgegeben werden können. Das Angebot begann mit einem Erstverkauf am 2025-08-01 und ist eine neue Meldung. Der Emittent berichtet, dass keine Verkaufskommissionen oder Vermittlergebühren angefallen sind und keine Zahlungen an leitende Angestellte, Direktoren oder Promoter aus den Angebotserlösen geleistet wurden. Der Emittent gibt bisher 4 Investoren an und weist eine minimale Außenbeteiligung von $0 aus.

Positive
  • Offering nearly fully subscribed: $2,305,750 of $2,837,000 sold
  • No sales commissions or finders' fees reported, lowering transaction costs
  • No proceeds paid to insiders from the offering per the filing
Negative
  • Limited disclosure on use of proceeds beyond a statement that securities may be issued for acquisitions
  • No details on purchaser accreditation or equity terms, limiting investor assessment of rights and dilution
  • Small offering size relative to typical public-company capital needs, which may constrain larger M&A activity

Insights

TL;DR: Small private equity raise nearly complete under Rule 506(b), limited dilution risk but watch acquisition use.

The Form D shows a modest Regulation D equity offering sized at $2.84 million with $2.31 million sold, indicating most capital has been raised. Use of proceeds is not broken out beyond a note that securities may be issued for acquisitions, which is material for investor dilution and strategic growth. No sales commissions or payments to insiders are reported, which reduces transactional expense and related-party cash flow concerns. The filing does not disclose purchaser accreditation details or specific acquisition targets, limiting ability to assess strategic impact.

TL;DR: The offering appears intended to support acquisitions; amount is small relative to public company scale and raises strategic questions.

The issuer explicitly states securities may be issued in connection with acquisitions, suggesting this raise may be used as merger consideration or working capital for deals. With $531,250 remaining to sell, the near-complete raise reduces immediate financing uncertainty. However, lack of disclosure on target companies, valuation terms, or equity structure for issuance limits evaluation of potential dilution, earnouts, or integration risks. Investors should note the offering was conducted under Rule 506(b), implying reliance on accredited investor exemptions and limited solicitation.

Asure Software, Inc. ha depositato un Modulo D notificando un'offerta di equity ai sensi del Regulation D, Rule 506(b). L'emittente ha fissato la dimensione totale dell'offerta a $2.837.000 e ha venduto $2.305.750, lasciando $531.250 ancora disponibili. Nel deposito si segnala che titoli potrebbero essere emessi in relazione ad acquisizioni. L'offerta è iniziata con la prima vendita il 2025-08-01 ed è una nuova comunicazione. L'emittente dichiara l'assenza di commissioni di vendita o finder e nessun pagamento a dirigenti, amministratori o promotori proveniente dai proventi dell'offerta. L'emittente segnala 4 investitori fino ad oggi e indica un investimento minimo esterno di $0.

Asure Software, Inc. presentó un Formulario D notificando una oferta de capital conforme al Regulation D, Rule 506(b). El emisor estableció un tamaño total de oferta de $2.837.000 y ha vendido $2.305.750, quedando $531.250 disponibles. La presentación indica que podrían emitirse valores en relación con adquisiciones. La oferta comenzó con una primera venta el 2025-08-01 y es un aviso nuevo. El emisor informa que no hubo comisiones de venta ni honorarios a intermediarios y no se realizaron pagos a ejecutivos, directores o promotores con los ingresos de la oferta. El emisor lista 4 inversores hasta la fecha e indica una inversión mínima externa de $0.

Asure Software, Inc.� Rule 506(b)� 따른 Regulation D 지분공모를 신고하는 Form D� 제출했습니다. 발행인은 � 공모 규모� $2,837,000� 설정했고 $2,305,750� 판매하여 $531,250가 남아 있습니다. 신고서에� 인수와 관련하� 증권� 발행� � 있다� 기재되어 있습니다. 공모� 2025-08-01� � 판매� 시작되었으며 새로� 통지입니�. 발행인은 판매 수수료나 중개 수수료가 없었� 공모 수익으로 경영�, 이사 또는 홍보자에� 지급된 금액� 없다� 보고합니�. 발행인은 현재까지 4명의 투자자를 기재했으� 최소 외부 투자액을 $0� 표시했습니다.

Asure Software, Inc. a déposé un Formulaire D déclarant une offre de titres de capitaux propres en vertu du Regulation D, Rule 506(b). L'émetteur a fixé la taille totale de l'offre à $2.837.000 et a vendu $2.305.750, laissant $531.250 restants. Le dépôt indique que des titres pourraient être émis dans le cadre d'acquisitions. L'offre a débuté avec une première vente le 2025-08-01 et constitue un nouvel avis. L'émetteur déclare qu'il n'y a pas eu de commissions de vente ni d'honoraires d'intermédiaires et qu'aucun paiement n'a été effectué aux dirigeants, administrateurs ou promoteurs à partir des produits de l'offre. L'émetteur répertorie 4 investisseurs à ce jour et indique un investissement extérieur minimum de $0.

Asure Software, Inc. hat ein Formular D eingereicht und eine Eigenkapital-Transaktion nach Regulation D, Rule 506(b) gemeldet. Der Emittent setzte die Gesamtangebotssumme auf $2.837.000 fest und hat $2.305.750 verkauft, sodass $531.250 verbleiben. In der Einreichung wird vermerkt, dass Wertpapiere im Zusammenhang mit Übernahmen ausgegeben werden können. Das Angebot begann mit einem Erstverkauf am 2025-08-01 und ist eine neue Meldung. Der Emittent berichtet, dass keine Verkaufskommissionen oder Vermittlergebühren angefallen sind und keine Zahlungen an leitende Angestellte, Direktoren oder Promoter aus den Angebotserlösen geleistet wurden. Der Emittent gibt bisher 4 Investoren an und weist eine minimale Außenbeteiligung von $0 aus.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
None
Entity Type
0000884144
FORGENT NETWORKS INC
VTEL CORP
VIDEO TELECOM CORP
FORGENT NETWORKS INC
X Corporation
Limited Partnership
Limited Liability Company
General Partnership
Business Trust
Other (Specify)

Name of Issuer
ASURE SOFTWARE INC
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
X Over Five Years Ago
Within Last Five Years (Specify Year)
Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
ASURE SOFTWARE INC
Street Address 1 Street Address 2
405 COLORADO ST Suite 1800
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
AUSTIN TEXAS 78701 5124372700

3. Related Persons

Last Name First Name Middle Name
Goepel Patrick
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Pence John
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Goldstein Eyal
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Gill Daniel
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Drew William Carl
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Reynolds Bjorn
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Allen Benjamin
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Lee Grace
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Oberwager Bradford
Street Address 1 Street Address 2
405 Colorado Street Suite 1800
City State/Province/Country ZIP/PostalCode
Austin TEXAS 78701
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


4. Industry Group

Agriculture
Banking & Financial Services
Commercial Banking
Insurance
Investing
Investment Banking
Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
Yes No
Other Banking & Financial Services
X Business Services
Energy
Coal Mining
Electric Utilities
Energy Conservation
Environmental Services
Oil & Gas
Other Energy
Health Care
Biotechnology
Health Insurance
Hospitals & Physicians
Pharmaceuticals
Other Health Care
Manufacturing
AG˹ٷ Estate
Commercial
Construction
REITS & Finance
Residential
Other AG˹ٷ Estate
Retailing
Restaurants
Technology
Computers
Telecommunications
Other Technology
Travel
Airlines & Airports
Lodging & Conventions
Tourism & Travel Services
Other Travel
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
No Revenues No Aggregate Net Asset Value
$1 - $1,000,000 $1 - $5,000,000
$1,000,001 - $5,000,000 $5,000,001 - $25,000,000
$5,000,001 - $25,000,000 $25,000,001 - $50,000,000
$25,000,001 - $100,000,000 $50,000,001 - $100,000,000
Over $100,000,000 Over $100,000,000
X Decline to Disclose Decline to Disclose
Not Applicable Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

Rule 504(b)(1) (not (i), (ii) or (iii))
Rule 504 (b)(1)(i)
Rule 504 (b)(1)(ii)
Rule 504 (b)(1)(iii)
X Rule 506(b)
Rule 506(c)
Securities Act Section 4(a)(5)
Investment Company Act Section 3(c)
Section 3(c)(1) Section 3(c)(9)
Section 3(c)(2) Section 3(c)(10)
Section 3(c)(3) Section 3(c)(11)
Section 3(c)(4) Section 3(c)(12)
Section 3(c)(5) Section 3(c)(13)
Section 3(c)(6) Section 3(c)(14)
Section 3(c)(7)

7. Type of Filing

X New Notice Date of First Sale 2025-08-01 First Sale Yet to Occur
Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity Pooled Investment Fund Interests
Debt Tenant-in-Common Securities
Option, Warrant or Other Right to Acquire Another Security Mineral Property Securities
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
X Yes No

Clarification of Response (if Necessary):

Securities issued in connection with acquisitions.

11. Minimum Investment

Minimum investment accepted from any outside investor $0 USD

12. Sales Compensation

Recipient
Recipient CRD Number X None
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
Street Address 1 Street Address 2
City State/Province/Country ZIP/Postal Code
State(s) of Solicitation (select all that apply)
Check "All States" or check individual States
All States
Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount $2,837,000 USD
or Indefinite
Total Amount Sold $2,305,750 USD
Total Remaining to be Sold $531,250 USD
or Indefinite

Clarification of Response (if Necessary):

14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
4

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $0 USD
Estimate
Finders' Fees $0 USD
Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0 USD
Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
ASURE SOFTWARE INC /S/ John Pence John Pence Chief Financial Officer 2025-08-14

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.


FAQ

What amount did ASUR seek to raise in this Form D?

The total offering amount is $2,837,000 with $2,305,750 sold and $531,250 remaining.

Under which exemption was Asure Software's offering filed?

The filing claims the Regulation D Rule 506(b) exemption.

Were any sales commissions or finders' fees paid in this offering?

No. The Form D reports $0 in sales commissions and $0 in finders' fees.

Is the offering related to any acquisitions?

Yes. The filing states securities may be issued in connection with acquisitions.

How many investors participated in the offering so far?

The filing reports a total of 4 investors to date.
Asure Software Inc

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221.32M
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Software - Application
Services-computer Integrated Systems Design
United States
AUSTIN