Bardy Diagnostics Financing
Bardy Diagnostics, Inc., Corporation just had published form D regarding $27.61 million equity financing. This is a new filing. Bardy Diagnostics was able to fundraise $27.61 million. That is 100.00% of the fundraising offer. The total fundraising amount was $27.61 million. The financing form was filed on 2016-10-12. The reason for the financing was: unspecified.
Bardy Diagnostics is based in North Carolina. The company’s business is Other Health Care. The SEC form was filed by Jon P Hunt President & CEO. The company was incorporated in 2013. The filler’s address is: 200 Providence Road, Suite 104, Charlotte, Nc, North Carolina, 28207. Jon P. Hunt is the related person in the form and it has address: 200 Providence Road, Suite 104, Charlotte, Nc, North Carolina, 28207. Link to Bardy Diagnostics Filing: 000168636516000001.
Analysis of Bardy Diagnostics Offering
On average, startups in the Other Health Care sector, sell 68.60% of the total offering size. Bardy Diagnostics sold 100.00% of the offering. Could this mean that the trust in Bardy Diagnostics is high? The average investment offering size for companies in the Other Health Care industry is $1.16 million. The total amount raised is 2,280.51% bigger than the average for companies in the Other Health Care sector. The minimum investment for this financing was 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 Bardy Diagnostics Also
The Form D signed by Jon P Hunt might help Bardy Diagnostics, 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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