Protech 10 Reorg Financing
Protech 10 Reorg Corp., Corporation just released form D regarding $311,112 equity financing. This is a new filing. Protech 10 Reorg was able to sell $311,112. That is 100.00% of the fundraising. The total financing amount was $311,112. The offering form was filed on 2016-10-28. The reason for the financing was: unspecified.
Protech 10 Reorg is based in Massachusetts. The filler’s business is not disclosed. The D form was submitted by Ellen Spicuzza President. The company was incorporated in 2016. The filler’s address is: 401 Neponset St., Suite 3, Canton, Ma, Massachusetts, 02021. Ellen F. Spicuzza is the related person in the form and it has address: 36 Wardwell Rd., Canton, Ma, Massachusetts, 02021. Link to Protech 10 Reorg Filing: 000168894616000001.
Analysis of Protech 10 Reorg Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Protech 10 Reorg sold 100.00% of the offering. Could this mean that the trust in Protech 10 Reorg is high? The average financing size for companies in all industries in our database is $3.05 million. The offering was 89.80% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Companies raise funds 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 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 Protech 10 Reorg Also
The Form D signed by Ellen Spicuzza might help Protech 10 Reorg 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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