Form D Worth Mentioning: Ebrevia $1.75 million Financing. EDWARD P GANNON Released Oct 10 SEC Form

Ebrevia, Inc. - EDWARD P GANNON

Ebrevia Financing

Ebrevia, Inc., Corporation just had published form D about $1.75 million equity financing. This is a new filing. Ebrevia was able to fundraise $1.75 million. That is 100.00% of the fundraising offer. The total financing amount was $1.75 million. The form was filed on 2016-10-10. The reason for the financing was: THE PROCEEDS FROM THE SALE WILL BE PUT TOWARD WORKING CAPITAL..

Ebrevia is based in Connecticut. The company’s business is not disclosed. The SEC form was signed by EDWARD P GANNON CHIEF EXECUTIVE OFFICER. The company was incorporated in 2012. The filler’s address is: 6 Landmark Square, 4Th Fl., Stamford, Ct, Connecticut, 06901. Edward P. Gannon is the related person in the form and it has address: 6 Landmark Square, 4Th Fl., Stamford, Ct, Connecticut, 06901. Link to Ebrevia Filing: 000156814916000006.

Analysis of Ebrevia Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Ebrevia sold 100.00% of the offering. Could this mean that the trust in Ebrevia is high? The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 42.48% smaller than the average of $3.05 million. Of course this should not be seen as negative. Firms get financed for different reasons and needs. The minimum investment for this fundraising was set at $1. 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 Ebrevia Also

The Form D signed by EDWARD P GANNON might help Ebrevia, 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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