Stocosil Inc., Corporation just released form D for $1.00 million equity financing. This is a new filing. Stocosil was able to sell $1.00 million. That is 100.00% of the round of financing. The total private offering amount was $1.00 million. The financing form was filed on 2016-07-12. The reason for the financing was: unspecified.
Stocosil is based in California. The company’s business is Pharmaceuticals. The SEC form was submitted by Pyng Soon CEO. The company was incorporated in 2014. The filler’s address is: 17870 Castleton St, Suite 250, City Of Industry, Ca, California, 91748. Vuong Trieu is the related person in the form and it has address: 17870 Castleton St, Suite 250, City Of Industry, Ca, California, 91748. Link to Stocosil Filing: 000141588916006461.
Analysis of Stocosil Offering
On average, startups in the Pharmaceuticals sector, sell 60.90% of the total offering amount. Stocosil sold 100.00% of the offering. Could this mean that the trust in Stocosil is high? The average fundraising amount for companies in the Pharmaceuticals industry is $556,000. The total amount raised is 79.86% bigger than the average for companies in the Pharmaceuticals sector. The minimum investment for this offering 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 Stocosil Also
The Form D signed by Pyng Soon might help Stocosil 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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