Dtv America Financing
Dtv America Corp, Corporation just filed form D regarding $3.00 million debt financing. This is a new filing. Dtv America Corp is expected to finance itself with $3.00 million in this fundraising. The total private offering amount was $3.00 million. The financing form was filed on 2016-10-14. The reason for the financing was: $30,000 Month to Executive Officers through December 2017.. 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.
Dtv America is based in Florida. The filler’s business is Other Technology. The D form was submitted by John N Kyle II Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 13450 West Sunrise Blvd, Suite 164, Sunrise, Fl, Florida, 33323. John N Kyle, Ii is the related person in the form and it has address: 13450 West Sunrise Blvd, Suite 164, Sunrise, Fl, Florida, 33323. Link to Dtv America Filing: 000149315216014035.
Analysis of Dtv America Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering amount. Dtv America sold 0.00% of the offering. The financing is still open. The average investment floor 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 different needs and reasons. The minimum investment for this offering is set at $50000. 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 Dtv America Also
The Form D signed by John N Kyle II might help Dtv America Corp’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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