Liquidmetal Technologies Financing
Liquidmetal Technologies Inc, Corporation just filed form D because of $63.40 million equity financing. The date of first sale was 2016-03-10. Liquidmetal Technologies was able to fundraise $63.40 million. That is 100.00% of the financing round. The total private financing amount was $63.40 million. This form was filed on 2016-10-31. The reason for the financing was: unspecified.
Liquidmetal Technologies is based in California. The firm’s business is Other Technology. The SEC form was filed by Tony Chung Chief Financial Officer. The company was incorporated more than five years ago. The filler’s address is: 30452 Esperanza, Rancho Santa Margarita, Ca, California, 92688. Thomas Steipp is the related person in the form and it has address: 30452 Esperanza, Rancho Santa Margarita, Ca, California, 92688. Link to Liquidmetal Technologies Filing: 000089706916001097.
Analysis of Liquidmetal Technologies Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Liquidmetal Technologies sold 100.00% of the offering. Could this mean that the trust in Liquidmetal Technologies is high? The average investment size for companies in the Other Technology industry is $1.54 million. The total amount raised is 4,016.88% bigger than the average for companies in the Other Technology sector. 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 Liquidmetal Technologies Also
The Form D signed by Tony Chung might help Liquidmetal Technologies 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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