Anchore, Inc., Corporation just had published form D because of $3.00 million equity financing. This is a new filing. Anchore was able to fundraise $3.00 million. That is 100.00% of the financing round. The total fundraising amount was $3.00 million. The financing document was filed on 2016-10-06. The reason for the financing was: unspecified.
Anchore is based in California. The company’s business is Other Technology. The form was submitted by Said Ziouani President and Chief Executive Officer. The company was incorporated in 2015. The filler’s address is: 800 Presidio Avenue, Suite B, Santa Barbara, Ca, California, 93101. Said Ziouani is the related person in the form and it has address: 800 Presidio Avenue, Suite B, Santa Barbara, Ca, California, 93101. Link to Anchore Filing: 000166195016000002.
Analysis of Anchore Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Anchore sold 100.00% of the offering. Could this mean that the trust in Anchore is high? The average investment size for companies in the Other Technology industry is $1.54 million. The total amount raised is 94.81% bigger than the average for companies in the Other Technology sector. The minimum investment for this financing 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 Anchore Also
The Form D signed by Said Ziouani might help Anchore, 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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