Form D To Observe: Inov8 Golf $1.50 million Fundraising. John M Cioe Released Oct 25 D Filing

Inov8 Golf, Inc. - John M Cioe

Inov8 Golf Financing

Inov8 Golf, Inc., Corporation just released form D regarding $1.50 million equity financing. This is a new filing. Inov8 Golf was able to sell $250,000 so far. That is 16.67% of the fundraising. The total offering amount was $1.50 million. The fundraising form was filed on 2016-10-25. 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.

Inov8 Golf is based in Alabama. The filler’s business is not disclosed. The D form was submitted by John M Cioe Chief Executive Officer. The company was incorporated in 2013. The filler’s address is: 20343 N. Hayden Road, #105-143, Scottsdale, Az, Arizona, 85255. John M. Cioe is the related person in the form and it has address: 20343 N. Hayden Road, #105-143, Scottsdale, Az, Arizona, 85255. Link to Inov8 Golf Filing: 000165728616000005.

Analysis of Inov8 Golf Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Inov8 Golf sold 16.67% of the offering. The fundraising is still open. The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 91.80% smaller than the average of $3.05 million. Of course this should not be seen as negative. Firms get financed for a variety of needs and reasons. The minimum investment for this fundraising is 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 Inov8 Golf Also

The Form D signed by John M Cioe might help Inov8 Golf, 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.

Related posts

Leave a Comment