Form D Report: Webtuner $525000 Financing. Jesse Schenk Published Oct 28 Form D

Computers Webtuner Corp. - Jesse Schenk

Webtuner Financing

Webtuner Corp., Corporation just released form D for $525,000 equity financing. This is a new filing. Webtuner was able to fundraise $525,000. That is 100.00% of the fundraising offer. The total fundraising amount was $525,000. This form was filed on 2016-10-28. The reason for the financing was: unspecified.

Webtuner is based in Washington. The filler’s business is Computers. The SEC form was submitted by Jesse Schenk Chief Financial Officer of the Issuer. The company was incorporated more than five years ago. The filler’s address is: 19711 #201 64Th Ave W, Lynnwood, Wa, Washington, 98036. Alice Schroeder is the related person in the form and it has address: 19711 #201 64Th Ave W, Lynnwood, Wa, Washington, 98036. Link to Webtuner Filing: 000149916016000004.

Analysis of Webtuner Offering

On average, firms in the Computers sector, sell 85.30% of the total offering size. Webtuner sold 100.00% of the offering. Could this mean that the trust in Webtuner is high? The average offering size for companies in the Computers industry is $130,000. The total amount raised is 303.85% bigger than the average for companies in the Computers sector. The minimum investment for this offering 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 Webtuner Also

The Form D signed by Jesse Schenk might help Webtuner 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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