0001800302-21-000001.txt : 20210401 0001800302-21-000001.hdr.sgml : 20210401 20210331182540 ACCESSION NUMBER: 0001800302-21-000001 CONFORMED SUBMISSION TYPE: D/A PUBLIC DOCUMENT COUNT: 1 ITEM INFORMATION: 06b FILED AS OF DATE: 20210401 DATE AS OF CHANGE: 20210331 EFFECTIVENESS DATE: 20210401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lineage Financial Network, Inc. CENTRAL INDEX KEY: 0001800302 IRS NUMBER: 842465778 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: D/A SEC ACT: 1933 Act SEC FILE NUMBER: 021-370054 FILM NUMBER: 21795173 BUSINESS ADDRESS: STREET 1: 188 FRONT STREET STREET 2: SUITE 116-89 CITY: FRANKLIN STATE: TN ZIP: 37064 BUSINESS PHONE: 615 308 6241 MAIL ADDRESS: STREET 1: 188 FRONT STREET STREET 2: SUITE 116-89 CITY: FRANKLIN STATE: TN ZIP: 37064 FORMER COMPANY: FORMER CONFORMED NAME: New Venture Group, Inc. DATE OF NAME CHANGE: 20200116 D/A 1 primary_doc.xml X0708 D/A LIVE 0001800302 Lineage Financial Network, Inc. 188 FRONT STREET SUITE 116-89 FRANKLIN TN TENNESSEE 37064 615 308 6241 TENNESSEE New Venture Group, Inc. Corporation true 2019 Richard Herrington 188 FRONT STREET SUITE 116-89 FRANKLIN TN TENNESSEE 37064 Executive Officer Director Promoter Kevin Herrington 188 FRONT STREET SUITE 116-89 FRANKLIN TN TENNESSEE 37064 Executive Officer Director Promoter William Lucado 188 FRONT STREET SUITE 116-89 FRANKLIN TN TENNESSEE 37064 Director Promoter Brandon Hedge 188 FRONT STREET SUITE 116-89 FRANKLIN TN TENNESSEE 37064 Director Promoter Tom Black 188 FRONT STREET SUITE 116-89 FRANKLIN TN TENNESSEE 37064 Director Promoter Other Banking and Financial Services Decline to Disclose 06b true 0001800302-20-000003 2020-06-16 false true true true Due to the global COVID-19 pandemic and related effects, one of the two proposed acquisitions in connection with the sale of securities was terminated and the issuer's offering activity was modified accordingly. 50000 Commerce Street Capital, LLC 143797 None None 1445 Ross Avenue, Suite 2700 Dallas TX TEXAS 75202 All States false 12500000 11375000 1125000 Total offering amount was decreased following termination of one of two proposed acquisitions. Original PPM (5/28/20) was superseded by new PPM (10/1/20 and supplements). Subscriptions received under 5/28/20 PPM were not accepted. Sale closed 1/4/2021. false 60 750000 true 0 This estimate assumes that the maximum placement agent commission of 6% applies to all shares issued in the offering (under the 10/1/2020 PPM and supplements). 0 true Proceeds will be used to acquire target financial institutions and for working capital. Number above excludes any reimbursements to executive officers, directors, or promoters for reasonable expenses and any future compensation post-closing. false Lineage Financial Network, Inc. Kevin Herrington Kevin Herrington President and COO 2021-03-31