Dicentral Corp, Corporation just released form D because of $15.00 million equity financing. This is a new filing. Dicentral was able to fundraise $15.00 million. That is 100.00% of the financing offer. The total offering amount was $15.00 million. The financing form was filed on 2016-10-17. The reason for the financing was: unspecified.
Dicentral is based in Texas. The filler’s business is Other Technology. The form was filed by Thuy Mai CEO. The company was incorporated more than five years ago. The filler’s address is: 1199 Nasa Parkway, Houston, Tx, Texas, 77058. Thuy Mai is the related person in the form and it has address: 1199 Nasa Parkway, Houston, Tx, Texas, 77058. Link to Dicentral Filing: 000168766716000001.
Analysis of Dicentral Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Dicentral sold 100.00% of the offering. Could this mean that the trust in Dicentral is high? The average financing size for companies in the Other Technology industry is $1.54 million. The total amount raised is 874.03% bigger than the average for companies in the Other Technology sector. The minimum investment for this offering is set at $15000000. 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 Dicentral Also
The Form D signed by Thuy Mai might help Dicentral Corp’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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