Form D Alert: Splife $400000 Financing. David A Green Released Oct 12 D Form

Technology Splife, Llc - David A Green

Splife Financing

Splife, Llc, Limited Liability Company just had published form D for $400,000 equity financing. This is a new filing. Splife, Llc is expected to sell $400,000 in this round of financing. The total offering amount was $400,000. The financing form was filed on 2016-10-12. The reason for the financing was: unspecified. The fundraising still has about $400,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Splife is based in Florida. The filler’s business is Other Technology. The D form was signed by David A Green Manager. The company was incorporated in 2014. The filler’s address is: 4400 Royal Tern Court, Jacksonville Beach, Fl, Florida, 32250. David A Green is the related person in the form and it has address: 4400 Royal Tern Court, Jacksonville Beach, Fl, Florida, 32250. Link to Splife Filing: 000168730216000001.

Analysis of Splife Offering

On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Splife sold 0.00% of the offering. The financing is still open. The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 100.00% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses get financed for a variety of needs and reasons. The minimum investment for this offering was set at $1000. 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 Splife Also

The Form D signed by David A Green might help Splife, Llc’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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