Blue Matador Financing
Blue Matador, Inc., Corporation just submitted form D for $100,000 equity financing. This is a new filing. Blue Matador was able to fundraise $100,000. That is 100.00% of the fundraising offer. The total offering amount was $100,000. The private financing document was filed on 2016-07-13. The reason for the financing was: unspecified.
Blue Matador is based in Alabama. The filler’s business is Other Technology. The form D was submitted by Matthew Barlocker CEO. The company was incorporated in 2016. The filler’s address is: 5372 W Briar Park Rd, Herriman, Ut, Utah, 84096. Matthew Barlocker is the related person in the form and it has address: 5372 Briar Park Rd., Herriman, Ut, Utah, 84096. Link to Blue Matador Filing: 000167961216000001.
Analysis of Blue Matador Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Blue Matador sold 100.00% of the offering. Could this mean that the trust in Blue Matador is high? The average financing size for companies in the Other Technology industry is $1.54 million. The offering was 93.51% smaller than the average of $1.54 million. Of course this should not be taken as negative. Companies get financed for different needs and reasons. The minimum investment for this fundraising was 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 Blue Matador Also
The Form D signed by Matthew Barlocker might help Blue Matador, 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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