Form D Action: Investiquant $1.50 million Fundraising. M Scott Andrews Filed Jul 12 form D

Technology Investiquant, Inc. - M Scott Andrews

Investiquant Financing

Investiquant, Inc., Corporation just had published form D about $1.50 million equity financing. This is a new filing. Investiquant was able to fundraise $1.04 million so far. That is 69.42% of the offering. The total private financing amount was $1.50 million. The financing form was filed on 2016-07-12. The reason for the financing was: Proceeds will be used for working capital, which will include normal compensation to executive officers/managers.. The fundraising still has about $458,750 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Investiquant is based in North Carolina. The filler’s business is Other Technology. The form D was submitted by M Scott Andrews President. The company was incorporated more than five years ago. The filler’s address is: 124 Quade Dr, Cary, Nc, North Carolina, 27513. M Scott Andrews is the related person in the form and it has address: 124 Quade Dr, Cary, Nc, North Carolina, 27513. Link to Investiquant Filing: 000160354616000001.

Analysis of Investiquant Offering

On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Investiquant sold 69.42% of the offering. The financing is still open. The average fundraising amount for companies in the Other Technology industry is $1.54 million. The offering was 32.39% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this offering was set at $25000. 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 Investiquant Also

The Form D signed by M Scott Andrews might help Investiquant, 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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