Form D Raw Data - Electronic Filing Depository

EFDID: 265916EFD: Raw Data

Issuer: ShiftPixy, Inc. (0001675634) - D

Accession: 0001477932-18-002961 () (EDGAR Files) (Form D)

Edgar Posted: Jun. 8, 2018
EFD Posted: Jun. 8, 2018

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001675634 </ cik >

< entityName > ShiftPixy, Inc. </ entityName >

- < issuerAddress >

< street1 > 1 VENTURE </ street1 >

< street2 > SUITE 150 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 949-207-7184 </ issuerPhoneNumber >

< jurisdictionOfInc > WYOMING </ jurisdictionOfInc >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Corporation </ entityType >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2015 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Scott </ firstName >

< middleName > William </ middleName >

< lastName > Absher </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1 Venture </ street1 >

< street2 > Suite 150 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Kenneth </ firstName >

< middleName > Weir </ middleName >

< lastName > Weaver </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1 Venture </ street1 >

< street2 > Suite 150 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Independent Director </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Whitney </ firstName >

< middleName > James </ middleName >

< lastName > White </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1 Venture </ street1 >

< street2 > Suite 150 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Independent Director </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Sean </ firstName >

< middleName > Christopher </ middleName >

< lastName > Higgins </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1 Venture </ street1 >

< street2 > Suite 150 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Independent Director </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Mark </ firstName >

< middleName > Allan </ middleName >

< lastName > Absher </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1 Venture </ street1 >

< street2 > Suite 150 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director and Secretary </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Patrice </ firstName >

< lastName > Launay </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1 Venture </ street1 >

< street2 > Suite 150 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92618 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > CFO </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > $25,000,001 - $100,000,000 </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2018-06-04 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isDebtType > true </ isDebtType >

< isOptionToAcquireType > true </ isOptionToAcquireType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 225000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Drexel Hamilton, LLC </ recipientName >

< recipientCRDNumber > 143570 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 601 Walnut Street </ street1 >

< street2 > Suite 670W </ street2 >

< city > Philadelphia </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 19106-3333 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 9000000 </ totalOfferingAmount >

< totalAmountSold > 9000000 </ totalAmountSold >

< totalRemaining > 0 </ totalRemaining >

< clarificationOfResponse > The Senior Secured Convertible Notes were sold for the amount stated. Additional consideration may be paid upon exercise of the warrants. </ clarificationOfResponse >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< numberNonAccreditedInvestors > 0 </ numberNonAccreditedInvestors >

< totalNumberAlreadyInvested > 5 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 540000 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Drexel Hamilton, LLC, was also granted 216,868 warrants to purchase ShiftPixy's common stock at $2.49/share. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse > The proceeds will be used primarily for working capital and general corporate purposes. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > ShiftPixy, Inc. </ issuerName >

< signatureName > /s/ Mark A. Absher </ signatureName >

< nameOfSigner > Mark A. Absher </ nameOfSigner >

< signatureTitle > Director and Secretary </ signatureTitle >

< signatureDate > 2018-06-08 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >