Noteworthy Form D Filing: Cyramedx Holdings $2.00 million Fundraising. DAVID HOWERTON Released Nov 1 SEC Form

Business Services Cyramedx Holdings, Inc. - DAVID HOWERTON

Cyramedx Holdings Financing

Cyramedx Holdings, Inc., Corporation just released form D about $2.00 million equity financing. This is a new filing. Cyramedx Holdings was able to fundraise $500,000 so far. That is 25.00% of the financing round. The total fundraising amount was $2.00 million. The private financing document was filed on 2016-11-01. The reason for the financing was: unspecified. The fundraising still has about $1.50 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Cyramedx Holdings is based in Tennessee. The company’s business is Business Services. The form was submitted by DAVID HOWERTON CEO. The company was incorporated in 2015. The filler’s address is: 5200 Maryland Way, Ste 310, Brentwood, Tn, Tennessee, 37027. David Howerton is the related person in the form and it has address: C/O Cyramedx Holding, Inc., 5200 Maryland Way, Ste 310, Brentwood, Tn, Tennessee, 37027. Link to Cyramedx Holdings Filing: 000168870416000001.

Analysis of Cyramedx Holdings Offering

On average, startups in the Business Services sector, sell 69.04% of the total offering amount. Cyramedx Holdings sold 25.00% of the offering. The fundraising is still open. The average financing size for companies in the Business Services industry is $583,000. The offering was 14.24% smaller than the average of $583,000. Of course this should not be interpreted as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing was set at $50000. 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 Cyramedx Holdings Also

The Form D signed by DAVID HOWERTON might help Cyramedx Holdings, 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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