> SEC documents show that Yaney raised $1 million in equity in 2014, the year SpinLaunch was founded, $2.9 million in equity in 2015, $2.2 million in debt in mi

> SEC documents show that Yaney raised $1 million in equity in 2014, the year SpinLaunch was founded, $2.9 million in equity in 2015, $2.2 million in debt in mid-2017 and another $2 million in debt in late 2017. Now Yaney confirms SpinLaunch has raised a total of $10 million to date, and that he’s personally an investor... “The current status of our Series A raise is that we are still taking meetings with potential investors and have not yet received an executed offer.” Do I not understand how series of funding works?