Predictive Pop Financing
Predictive Pop, Inc., Corporation just submitted form D because of $5.00 million equity financing. This is a new filing. Predictive Pop was able to fundraise $2.00 million so far. That is 40.00% of the offering. The total offering amount was $5.00 million. The offering form was filed on 2016-10-13. The reason for the financing was: unspecified. The fundraising still has about $3.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Predictive Pop is based in Pennsylvania. The firm’s business is Other Technology. The SEC form was submitted by Robert Odell Assistant Secretary. The company was incorporated in 2015. The filler’s address is: 1721 Spruce Street, Philadelphia, Pa, Pennsylvania, 19103. Andrew Stein is the related person in the form and it has address: 1721 Spruce Street, Philadelphia, Pa, Pennsylvania, 19103. Link to Predictive Pop Filing: 000168698716000001.
Analysis of Predictive Pop Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Predictive Pop sold 40.00% of the offering. The financing is still open. The average offering size for companies in the Other Technology industry is $1.54 million. The total amount raised is 29.87% bigger than the average for companies in the Other Technology sector. The minimum investment for this financing was set at $25000. 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 Predictive Pop Also
The Form D signed by Robert Odell might help Predictive Pop, 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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