Schoolstatus, Llc, Limited Liability Company just had published form D regarding $2.00 million equity financing. The date of first sale was 2014-10-02. Schoolstatus was able to fundraise $2.00 million. That is 100.00% of the financing offer. The total private offering amount was $2.00 million. The financing form was filed on 2016-10-14. The reason for the financing was: Other than employee salary payments for services actually rendered, no offering proceeds are proposed to be used for payments to related persons..
Schoolstatus is based in Louisiana. The company’s business is Other Technology. The SEC form was filed by A R Davis Manager. The company was incorporated in 2012. The filler’s address is: 6222 Us Highway 98, Hattiesburg, Ms, Mississippi, 39401. A. R. Davis is the related person in the form and it has address: 6222 Us Highway 98, Hattiesburg, Ms, Mississippi, 39401. Link to Schoolstatus Filing: 000161988816000002.
Analysis of Schoolstatus Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Schoolstatus sold 100.00% of the offering. Could this mean that the trust in Schoolstatus is high? The average offering amount 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 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 Schoolstatus Also
The Form D signed by A R Davis might help Schoolstatus, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.