Saxon Capital Group Inc. issued 2 million common shares as consideration for purchasing about 61 acres of land in North Dakota. The agreed reference value was $0.50 per share, for an aggregate value of $1,000,000; no cash was received.
The offering was reported under Rule 506(b), with $1,000,000 sold and $0 remaining to be sold. Finders' fees were $0.
SAXON CAPITAL GROUP INC (SCGX) filed an amended Form D for an exempt equity offering under Regulation D Rule 506(b). The company reports that it has no revenues and is organized as a Nevada corporation formed over five years ago.
The notice shows $60,500 of securities sold and $189,500 remaining to be sold, with the first sale occurring on April 15, 2026. No finders' fees are reported, and President Clifford C. Paul signs the notice on behalf of the issuer.