Pulsedata, Inc., Corporation just released form D for $3.20 million equity financing. This is a new filing. Pulsedata was able to sell $3.20 million. That is 100.00% of the fundraising offer. The total private offering amount was $3.20 million. The private financing document was filed on 2016-10-31. The reason for the financing was: unspecified.
Pulsedata is based in New York. The filler’s business is Other Health Care. The form D was filed by Thomas Michael Attorney on behalf of pulseData, Inc.. The company was incorporated in 2015. The filler’s address is: 101 W 79Th St. #9F, New York, Ny, New York, 10024. Theodore Cha is the related person in the form and it has address: 101 W 79Th St. #9F, New York, Ny, New York, 10024. Link to Pulsedata Filing: 000168869316000001.
Analysis of Pulsedata Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering size. Pulsedata sold 100.00% of the offering. Could this mean that the trust in Pulsedata is high? The average financing size for companies in the Other Health Care industry is $1.16 million. The total amount raised is 175.86% bigger than the average for companies in the Other Health Care sector. The minimum investment for this offering is 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 Pulsedata Also
The Form D signed by Thomas Michael might help Pulsedata, 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.