Nantcell, Inc., Corporation just had published form D about $4.25 million equity financing. This is a new filing. Nantcell was able to sell $4.25 million. That is 100.00% of the financing round. The total financing amount was $4.25 million. This form was filed on 2016-10-13. The reason for the financing was: unspecified.
Nantcell is based in Alabama. The firm’s business is Other Health Care. The D form was signed by Charles C Kim General Counsel. The company was incorporated in 2014. The filler’s address is: 9920 Jefferson Blvd, Culver City, Ca, California, 90232. Patrick Shoon-Shiong is the related person in the form and it has address: 9920 Jefferson Blvd, Culver City, Ca, California, 90232. Link to Nantcell Filing: 000164211616000004.
Analysis of Nantcell Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering amount. Nantcell sold 100.00% of the offering. Could this mean that the trust in Nantcell is high? The average investment offering size for companies in the Other Health Care industry is $1.16 million. The total amount raised is 266.38% bigger than the average for companies in the Other Health Care sector. The minimum investment for this financing is 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 Nantcell Also
The Form D signed by Charles C Kim might help Nantcell, 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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