U.S. FEDFunding
Litem (Deposely) files Form D after selling $6.17M in equity
On September 15, 2026 Deposely, Inc., which markets litigation AI as Litem, filed an SEC Form D showing $6,173,982 sold of a $6,673,982 Rule 506(b) equity offering, with first sale on September 9. The Bellevue, Washington company said the total includes new cash plus converted debt and convertibles. Runtime Wire reported the filing on 15–September 16 as Litem expands beyond deposition tools.
Announcement (U.S. Securities and Exchange Commission) → · Runtime Wire
Key points
- Deposely, Inc. (Litem) sold $6,173,982 of a planned $6,673,982 equity offering.U.S. Securities and Exchange CommissionRuntime Wire
- The SEC Form D was accepted September 15, 2026; first sale was September 9 under Rule 506(b).U.S. Securities and Exchange CommissionRuntime Wire
- Twenty-seven accredited investors participated; $500,000 remains available in the offering.U.S. Securities and Exchange CommissionRuntime Wire
- Sold amounts include new cash plus conversion of outstanding debt and convertible securities.U.S. Securities and Exchange CommissionRuntime Wire
- Bellevue-based Litem, formerly Deposely, is expanding from deposition AI into case-wide litigation tools.Runtime Wire
Sources2 articles across 2 outlets
Runtime Wire
U.S. Securities and Exchange Commission