Form D Worth Mentioning Today: Opengamma $10.00 million Fundraising. Masaru Nakachi Filed Oct 5 Form D

Technology Opengamma, Inc. - Masaru Nakachi

Opengamma Financing

Opengamma, Inc., Corporation just had published form D because of $10.00 million equity financing. This is a new filing. Opengamma was able to finance itself with $5.94 million so far. That is 59.42% of the financing offer. The total financing amount was $10.00 million. The fundraising form was filed on 2016-10-05. The reason for the financing was: unspecified. The fundraising still has about $4.06 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Opengamma is based in United Kingdom. The filler’s business is Other Technology. The D form was filed by Masaru Nakachi Co-Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: International House, 24 Holborn Viaduct, London, X0, United Kingdom, Ec1a 2Bn. Masaru Nakachi is the related person in the form and it has address: C/O Opengamma, Inc., International House, 24 Holborn Viaduct, London, X0, United Kingdom, Ec1a 2Bn. Link to Opengamma Filing: 000150873616000006.

Analysis of Opengamma Offering

On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Opengamma sold 59.42% of the offering. The financing is still open. The average offering size for companies in the Other Technology industry is $1.54 million. The total amount raised is 285.85% bigger than the average for companies in the Other Technology sector. The minimum investment for this offering 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 Opengamma Also

The Form D signed by Masaru Nakachi might help Opengamma, 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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