Hemex Health Financing
Hemex Health, Inc., Corporation just filed form D about $500,000 debt financing. This is a new filing. Hemex Health was able to sell $100,000 so far. That is 20.00% of the fundraising. The total private offering amount was $500,000. The financing form was filed on 2016-10-05. The reason for the financing was: unspecified. The fundraising still has about $400,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Hemex Health is based in Oregon. The filler’s business is Other Technology. The SEC form was signed by Patricia White Seminario President. The company was incorporated in 2016. The filler’s address is: 154 Nw Maywood Drive, Portland, Or, Oregon, 97210. Patricia White Seminario is the related person in the form and it has address: 154 Nw Maywood Drive, Portland, Or, Oregon, 97210. Link to Hemex Health Filing: 000168661516000001.
Analysis of Hemex Health Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Hemex Health sold 20.00% of the offering. The fundraising is still open. The average fundraising amount for companies in the Other Technology industry is $1.54 million. The offering was 93.51% smaller than the average of $1.54 million. Of course this should not be seen as negative. Startups get financed for different needs and reasons. The minimum investment for this offering is set at $0. If you know more about the reasons for the financing, 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 Hemex Health Also
The Form D signed by Patricia White Seminario might help Hemex Health, Inc.’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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