Critical Informatics Financing
Critical Informatics Inc., Corporation just had published form D for $4.35 million equity financing. The date of first sale was . Critical Informatics Inc. is expected to sell $4.35 million in this offering. The total offering amount was $4.35 million. The offering form was filed on 2016-10-19. The reason for the financing was: The sales commission has been set at 8% of the actual funds raised. The estimate is based on 8% of the total offering amount.. The fundraising still has about $4.35 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Critical Informatics is based in Washington. The filler’s business is not disclosed. The D form was filed by Michael K Hamilton CEO. The company was incorporated in 2015. The filler’s address is: 245 4Th Street, Suite 405, Bremerton, Wa, Washington, 98337. Michael Hamilton is the related person in the form and it has address: 245 4Th Street, Suite 405, Bremerton, Wa, Washington, 98337. Link to Critical Informatics Filing: 000167825516000002.
Analysis of Critical Informatics Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Critical Informatics sold 0.00% of the offering. The fundraising is still open. The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 100.00% smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups get financed for a variety of needs and reasons. The minimum investment for this financing 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 Critical Informatics Also
The Form D signed by Michael K Hamilton might help Critical Informatics 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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