Simcore Technologies Financing
Simcore Technologies, Llc, Limited Liability Company just filed form D for $500,000 equity financing. This is a new filing. Simcore Technologies was able to finance itself with $500,000. That is 100.00% of the fundraising offer. The total financing amount was $500,000. The financing document was filed on 2016-10-17. The reason for the financing was: unspecified.
Simcore Technologies is based in Colorado. The firm’s business is Other Technology. The D form was filed by Brent S Gillett Chief Operations Officer and General Counsel. The company was incorporated in 2013. The filler’s address is: 1230 Peachtree Street, Suite 2445, Atlanta, Ga, Georgia, 30308. Brent S Gillett is the related person in the form and it has address: 1230 Peachtree Street, Suite 2445, Atlanta, 2Q, Georgia, 30308. Link to Simcore Technologies Filing: 000168685216000001.
Analysis of Simcore Technologies Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Simcore Technologies sold 100.00% of the offering. Could this mean that the trust in Simcore Technologies is high? The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 67.53% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this financing is 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 Simcore Technologies Also
The Form D signed by Brent S Gillett might help Simcore Technologies, 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.
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