Moxe Health Financing
Moxe Health Corp, Corporation just filed form D because of $6.09 million equity and debt financing. This is a new filing. Moxe Health was able to sell $4.82 million so far. That is 79.16% of the fundraising. The total financing amount was $6.09 million. The form was filed on 2016-10-04. The reason for the financing was: unspecified. The fundraising still has about $1.27 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Moxe Health is based in Wisconsin. The company’s business is not disclosed. The form D was filed by Dan Wilson Chief Executive Officer. The company was incorporated in 2012. The filler’s address is: 2 S. Carroll St., Suite 235, Madison, Wi, Wisconsin, 53703. Daniel Wilson is the related person in the form and it has address: C/O Moxe Health Corporation, 2 S. Carroll St., Suite 235, Madison, Wi, Wisconsin, 53703. Link to Moxe Health Filing: 000168630216000001.
Analysis of Moxe Health Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Moxe Health sold 79.16% of the offering. The fundraising is still open. Could this mean that the trust in Moxe Health is high? The average offering amount for companies in all industries in our database is $3.05 million. The total amount raised is 58.00% bigger than the average for companies in the database. The minimum investment for this fundraising is 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 Moxe Health Also
The Form D signed by Dan Wilson might help Moxe Health Corp’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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