Lixivia, Inc., Corporation just released form D about $150,000 debt financing. This is a new filing. Lixivia was able to finance itself with $150,000. That is 100.00% of the financing offer. The total fundraising amount was $150,000. The financing document was filed on 2016-10-12. The reason for the financing was: unspecified.
Lixivia is based in California. The filler’s business is not disclosed. The SEC form was filed by Michael Wyrsta President and Chief Executive Officer. The company was incorporated in 2012. The filler’s address is: 720 North Alisos Street, Santa Barbara, Ca, California, 93103. Michael Wyrsta is the related person in the form and it has address: 720 North Alisos Street, Santa Barbara, Ca, California, 93103. Link to Lixivia Filing: 000157056516000003.
Analysis of Lixivia Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Lixivia sold 100.00% of the offering. Could this mean that the trust in Lixivia is high? The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 95.08% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Companies get financed for different reasons and needs. The minimum investment for this offering 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 Lixivia Also
The Form D signed by Michael Wyrsta might help Lixivia, 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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