MasTec (NYSE: MTZ) reports $484M Rule 506(b) exempt equity sale completed
Rhea-AI Filing Summary
MasTec, Inc., a Florida corporation, filed a new Form D notice for an exempt offering of equity securities under Rule 506(b) of Regulation D. The company reports total amounts sold of $484,445,581 USD, with $0 USD remaining to be sold. Reported revenue size is in the over $100,000,000 range, indicating a large issuer. No sales commissions are disclosed, and finders' fees are reported as $0 USD. The notice is signed by Executive Vice President, General Counsel and Secretary Alberto de Cardenas.
Positive
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Negative
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Key Figures
Total Amount Sold: $484,445,581 USD
Total Remaining to be Sold: $0 USD
Issuer Revenue Range: Over $100,000,000
+2 more
5 metrics
Total Amount Sold
$484,445,581 USD
Aggregate amount of equity securities sold in the exempt offering
Total Remaining to be Sold
$0 USD
Amount of the offering reported as still available for sale
Issuer Revenue Range
Over $100,000,000
Issuer size based on revenue category selected in Form D
Finders' Fees
$0 USD
Reported finders’ fees expenses associated with the offering
Date of First Sale
2026-07-20
Reported first sale date for the exempt offering
Key Terms
Form D, Rule 506(b), Regulation D, covered securities, +1 more
5 terms
Form D regulatory
"FORM D Notice of Exempt Offering of Securities"
Form D is a short notice filed with the U.S. Securities and Exchange Commission when a company raises money using a private offering exemption instead of a full public registration. Think of it as a public receipt that lists basic facts about the fundraiser—amount sought, how much has been sold, and who the issuer is—without the full audited disclosures of a public offering. Investors use it to spot private financings, assess potential dilution or fundraising activity, and find contact information, but it is not a substitute for detailed due diligence.
Rule 506(b) regulatory
"Rule 506(b) is selected in the Federal Exemption(s) section"
Rule 506(b) is a U.S. securities exemption that lets companies sell shares or debt privately without full public registration, provided sales are primarily to accredited investors, up to 35 non‑accredited but financially knowledgeable buyers, and there is no public advertising or solicitation. It matters to investors because offerings under 506(b) usually include less public disclosure than registered securities—like buying from a private seller rather than a retail store—so buyers must do more of their own fact‑checking and rely on their financial sophistication.
Regulation D regulatory
"claiming a Regulation D exemption for the offering"
Regulation D is a set of rules that govern how companies can raise money from investors without going through the full process required for public stock offerings. It provides simplified options for private placements, making it easier for companies to seek investments from a smaller group of investors. For investors, it offers opportunities to invest in private companies, often with fewer restrictions, but also with different levels of risk and disclosure.
covered securities regulatory
"If the securities that are the subject of this Form D are "covered securities""
finders' fees financial
"Provide separately the amounts of sales commissions and finders fees expenses"
A finders' fee is a payment made to a person or firm that introduces two parties who then complete a business deal, such as a sale, investment or loan. Think of the finder as a matchmaker who gets paid for bringing the parties together; for investors this matters because the fee reduces the deal’s net proceeds, can affect returns, and may signal a potential conflict of interest that should be disclosed.
Offering Details
shelf/ATM
Offering
Offering Type
shelf/ATM
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What type of securities is MasTec (MTZ) offering in this Form D filing?
MasTec is offering equity securities in this exempt offering. The Form D specifies the security type as equity, with no debt or warrant securities indicated for this notice.
How much has MasTec (MTZ) sold in its exempt equity offering?
MasTec reports total amounts sold of $484,445,581 USD. The filing also notes that the total remaining to be sold is $0 USD, indicating the reported offering amount has been fully sold.
Under which exemption is MasTec (MTZ) conducting this securities offering?
The offering is conducted under Rule 506(b) of Regulation D. This rule provides a federal exemption from registration for certain private offerings, subject to specific conditions under the Securities Act of 1933.
What is MasTec’s (MTZ) reported revenue size in this Form D?
MasTec indicates its issuer size in the “Over $100,000,000” revenue range. This places the company in the largest revenue category listed in the Form D issuer size section.
Are there any sales commissions or finders’ fees in MasTec’s (MTZ) Form D offering?
The Form D reports finders’ fees of $0 USD. No separate sales commission amounts are disclosed in the excerpt provided, indicating no finders’ fee expenses for this offering.
Is MasTec’s (MTZ) Form D filing a new notice or an amendment?
The Form D is marked as a New Notice, not an amendment. The filing also reports a date of first sale of 2026-07-20 for the exempt equity offering.