Optulink, Inc., Corporation just submitted form D about $1.50 million debt financing. This is a new filing. Optulink was able to sell $250,000 so far. That is 16.67% of the fundraising offer. The total private financing amount was $1.50 million. The private financing document was filed on 2016-10-19. The reason for the financing was: unspecified. The fundraising still has about $1.25 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Optulink is based in Alabama. The firm’s business is Computers. The SEC form was signed by Bruce Peterson Chief Executive Officer. The company was incorporated in 2013. The filler’s address is: 1230 East Diehl Road, Suite 201, Naperville, Il, Illinois, 60563. Bruce Peterson is the related person in the form and it has address: Optulink, Inc., 1230 East Diehl Road, Suite 201, Naperville, Il, Illinois, 60563. Link to Optulink Filing: 000158026616000002.
Analysis of Optulink Offering
On average, companies in the Computers sector, sell 85.30% of the total offering amount. Optulink sold 16.67% of the offering. The fundraising is still open. The average investment floor size for companies in the Computers industry is $130,000. The total amount raised is 92.31% bigger than the average for companies in the Computers sector. The minimum investment for this financing was set at $0. 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 Optulink Also
The Form D signed by Bruce Peterson might help Optulink, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.