Qt Ultrasound Financing
Qt Ultrasound Llc, Limited Liability Company just released form D announcing $16.00 million equity financing. This is a new filing. Qt Ultrasound was able to sell $2.98 million so far. That is 18.61% of the fundraising offer. The total fundraising amount was $16.00 million. The fundraising form was filed on 2016-10-13. The reason for the financing was: unspecified. The fundraising still has about $13.02 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Qt Ultrasound is based in New York. The filler’s business is Other Health Care. The D form was filed by John C Klock Chief Executive Officer and Manager. The company was incorporated in 2011. The filler’s address is: 3 Hamilton Landing, Suite 160, Novato, Ca, California, 94949. John C. Klock is the related person in the form and it has address: 3 Hamilton Landing, Suite 160, Novanto, Ca, California, 94949. Link to Qt Ultrasound Filing: 000109690616001938.
Analysis of Qt Ultrasound Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering amount. Qt Ultrasound sold 18.61% of the offering. The financing is still open. The average investment floor size for companies in the Other Health Care industry is $1.16 million. The total amount raised is 156.73% bigger than the average for companies in the Other Health Care sector. The minimum investment for this fundraising is set at $0. 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 Qt Ultrasound Also
The Form D signed by John C Klock might help Qt Ultrasound 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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