What Pumpkin Games Financing
What Pumpkin Games, Inc., Corporation just had published form D because of $500,000 equity financing. This is a new filing. What Pumpkin Games was able to fundraise $325,000 so far. That is 65.00% of the financing offer. The total financing amount was $500,000. This form was filed on 2016-10-31. The reason for the financing was: unspecified. The fundraising still has about $175,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
What Pumpkin Games is based in Florida. The firm’s business is Other Technology. The form D was submitted by Cynthia Dominguez Chief Financial Officer. The company was incorporated in 2016. The filler’s address is: 1421 Sw 107Th Avenue, #301, Miami, Fl, Florida, 33174. Andrew Hussie is the related person in the form and it has address: 1421 Sw 107Th Avenue, #301, Miami, Fl, Florida, 33174. Link to What Pumpkin Games Filing: 000168906116000001.
Analysis of What Pumpkin Games Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. What Pumpkin Games sold 65.00% of the offering. The financing is still open. The average investment floor size for companies in the Other Technology industry is $1.54 million. The offering was 78.90% smaller than the average of $1.54 million. Of course this should not be seen as negative. Startups 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 What Pumpkin Games Also
The Form D signed by Cynthia Dominguez might help What Pumpkin Games, 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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