Wink Parent Financing
Wink Parent, Inc., Corporation just had published form D about $28.91 million equity financing. This is a new filing. Wink Parent was able to fundraise $28.91 million. That is 100.00% of the fundraising offer. The total private financing amount was $28.91 million. The financing document was filed on 2016-10-10. The reason for the financing was: Amount is the number of options granted times the exercise price..
Wink Parent is based in New York. The filler’s business is Health Insurance. The form D was signed by Brian Silverberg See Information in item 3. The company was incorporated in 2015. The filler’s address is: C/O Centerbridge Partners, L.P., 375 Park Avenue, 12Th Floor, New York, Ny, New York, 10152. Matthew Kabaker is the related person in the form and it has address: C/O Centerbridge Partners, L.P., 375 Park Avenue, 12Th Floor, New York, Ny, New York, 10152. Link to Wink Parent Filing: 000167099716000002.
Analysis of Wink Parent Offering
On average, companies in the Health Insurance sector, sell 87.80% of the total offering size. Wink Parent sold 100.00% of the offering. Could this mean that the trust in Wink Parent is high? The average investment offering size for companies in the Health Insurance industry is $617,000. The total amount raised is 4,585.37% bigger than the average for companies in the Health Insurance 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 Wink Parent Also
The Form D signed by Brian Silverberg might help Wink Parent, 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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