Form D of The Day Sqz Biotechnologies Co $15.74 million Financing. Armon Sharei PhD Released Oct 4 D form


Biotechnology Sqz Biotechnologies Co - Armon Sharei PhD

Sqz Biotechnologies Co Financing

Sqz Biotechnologies Co, Corporation just had published form D regarding $15.74 million equity financing. This is a new filing. Sqz Biotechnologies Co was able to finance itself with $15.74 million. That is 100.00% of the fundraising. The total fundraising amount was $15.74 million. This form was filed on 2016-10-04. The reason for the financing was: unspecified.

Sqz Biotechnologies Co is based in Massachusetts. The firm’s business is Biotechnology. The form D was signed by Armon Sharei PhD Chief Executive Officer. The company was incorporated in 2013. The filler’s address is: 100 Morrissey Blvd, Venture Development Center, Boston, Ma, Massachusetts, 02125. Armon Sharei, Ph.D. is the related person in the form and it has address: 100 Morrissey Blvd., Venture Development Center, Boston, Ma, Massachusetts, 02125. Link to Sqz Biotechnologies Co Filing: 000114036116081571.

Analysis of Sqz Biotechnologies Co Offering

On average, companies in the Biotechnology sector, sell 73.77% of the total offering size. Sqz Biotechnologies Co sold 100.00% of the offering. Could this mean that the trust in Sqz Biotechnologies Co is high? The average fundraising size for companies in the Biotechnology industry is $3.08 million. The total amount raised is 411.04% bigger than the average for companies in the Biotechnology sector. The minimum investment for this financing was set at $0. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Sqz Biotechnologies Co Also

The Form D signed by Armon Sharei PhD might help Sqz Biotechnologies Co’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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