Lucerno Dynamics Financing
Lucerno Dynamics, Llc, Limited Liability Company just filed form D because of $6.34 million equity financing. The date of first sale was 2016-08-26. Lucerno Dynamics was able to fundraise $6.34 million. That is 100.00% of the fundraising. The total private offering amount was $6.34 million. The fundraising form was filed on 2016-10-06. The reason for the financing was: unspecified.
Lucerno Dynamics is based in North Carolina. The filler’s business is Biotechnology. The form D was signed by William Gorge Secretary and CFO. The company was incorporated more than five years ago. The filler’s address is: 100 Delaplane Court, Morrisville, Nc, North Carolina, 27560. Ronald Lattanze is the related person in the form and it has address: 100 Delaplane Court, Morrisville, Nc, North Carolina, 27560. Link to Lucerno Dynamics Filing: 000114036116082080.
Analysis of Lucerno Dynamics Offering
On average, companies in the Biotechnology sector, sell 73.77% of the total offering size. Lucerno Dynamics sold 100.00% of the offering. Could this mean that the trust in Lucerno Dynamics is high? The average investment size for companies in the Biotechnology industry is $3.08 million. The total amount raised is 105.90% bigger than the average for companies in the Biotechnology sector. The minimum investment for this offering 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 Lucerno Dynamics Also
The Form D signed by William Gorge might help Lucerno Dynamics, Llc’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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