Form D Filing: Invicta Medical $7.11 million Financing. Steven T Kent Published Jul 12 D form


Invicta Medical, Inc. - Steven T Kent

Invicta Medical Financing

Invicta Medical, Inc., Corporation just submitted form D regarding $7.11 million equity financing. This is a new filing. Invicta Medical was able to fundraise $5.47 million so far. That is 76.98% of the fundraising offer. The total private offering amount was $7.11 million. This form was filed on 2016-07-12. The reason for the financing was: unspecified. The fundraising still has about $1.64 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Invicta Medical is based in California. The filler’s business is not disclosed. The form D was signed by Steven T Kent President & CEO. The company was incorporated in 2013. The filler’s address is: 16 Berenda Way, Portola Valley, Ca, California, 94028. Steven T. Kent is the related person in the form and it has address: C/O Invicta Medical, Inc., 16 Berenda Way, Portola Valley, Ca, California, 94028. Link to Invicta Medical Filing: 000167578616000001.

Analysis of Invicta Medical Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Invicta Medical sold 76.98% of the offering. The fundraising is still open. Could this mean that the trust in Invicta Medical is high? The average fundraising size for companies in all industries in our database is $3.05 million. The total amount raised is 79.44% bigger than the average for companies in the database. The minimum investment for this offering 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 Invicta Medical Also

The Form D signed by Steven T Kent might help Invicta Medical, 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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