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David P. Grzan

Date:

April 22, 2024

Type of alert:

SEC Administrative Proceeding  

The SEC deems it appropriate and in the public interest that administrative proceedings be instituted against David P. Grzan for his role in raising at least $4.2 million for PreIPO. PreIPO, Grzan, and others told investors that the money raised would be used to develop an online platform that offers access to shares before company’s initial public offerings. However, a large portion of the money was used to pay Grzan. 

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