Form D of The Day: Anellotech $1.50 million Fundraising. ANATOLY GARELIK Released Oct 5 Form D


Anellotech, Inc. - ANATOLY GARELIK

Anellotech Financing

Anellotech, Inc., Corporation just filed form D announcing $1.50 million equity financing. This is a new filing. Anellotech was able to sell $1.50 million. That is 100.00% of the fundraising. The total fundraising amount was $1.50 million. The fundraising form was filed on 2016-10-05. The reason for the financing was: unspecified.

Anellotech is based in New York. The firm’s business is not disclosed. The form D was filed by ANATOLY GARELIK TREASURER. The company was incorporated more than five years ago. The filler’s address is: 401 N Middletown Road, Building 170A, Pearl River, Ny, New York, 10965. David Sudolsky is the related person in the form and it has address: C/O Anellotech, Inc., 401 N Middletown Road, Building 170A, Pearl River, Ny, New York, 10965. Link to Anellotech Filing: 000160866816000003.

Analysis of Anellotech Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Anellotech sold 100.00% of the offering. Could this mean that the trust in Anellotech is high? The average offering size for companies in all industries in our database is $3.05 million. The offering was 50.82% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Firms raise funds for different reasons and needs. 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 Anellotech Also

The Form D signed by ANATOLY GARELIK might help Anellotech, 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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