Squeakly, Inc., Corporation just released form D because of $75,001 equity financing. This is a new filing. Squeakly was able to sell $75,001. That is 100.00% of the round of financing. The total financing amount was $75,001. The form was filed on 2016-10-12. The reason for the financing was: unspecified.
Squeakly is based in Connecticut. The filler’s business is Other Technology. The SEC form was submitted by Svitozar Omelko President. The company was incorporated in 2016. The filler’s address is: 239 Front Street, Unit B, New Haven, Ct, Connecticut, 06513. Svitozar Omelko is the related person in the form and it has address: C/O Squeakly, Inc., 239 Front Street, Unit B, New Haven, Ct, Connecticut, 06513. Link to Squeakly Filing: 000167830916000002.
Analysis of Squeakly Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Squeakly sold 100.00% of the offering. Could this mean that the trust in Squeakly is high? The average fundraising size for companies in the Other Technology industry is $1.54 million. The offering was 95.13% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. 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 Squeakly Also
The Form D signed by Svitozar Omelko might help Squeakly, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.