Follow The Form D: Digital Fortress Holdings $2.67 million Fundraising. BRIAN SCHORR Submitted Nov 2 SEC form

Digital Fortress Holdings, Inc. - BRIAN SCHORR

Digital Fortress Holdings Financing

Digital Fortress Holdings, Inc., Corporation just submitted form D regarding $2.67 million equity financing. This is a new filing. Digital Fortress Holdings was able to finance itself with $2.50 million. That is 93.50% of the offering. The total private financing amount was $2.67 million. The financing form was filed on 2016-11-02. The reason for the financing was: unspecified. The fundraising still has about $173,900 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Digital Fortress Holdings is based in Washington. The company’s business is not disclosed. The form D was submitted by BRIAN SCHORR VP Controller HR. The company was incorporated more than five years ago. The filler’s address is: 12101 Tukwila Internationl Blvd, Suite 410, Tukwila, Wa, Washington, 98168. Mark Ashida is the related person in the form and it has address: 12101 Tukwila International Blvd., Suite 410, Tukwila, Wa, Washington, 98168. Link to Digital Fortress Holdings Filing: 000159140816000031.

Analysis of Digital Fortress Holdings Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Digital Fortress Holdings sold 93.50% of the offering. The fundraising is still open. Could this mean that the trust in Digital Fortress Holdings is high? The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 18.03% smaller than the average of $3.05 million. Of course this should not be seen as negative. Firms raise funds for a variety of reasons and needs. The minimum investment for this financing was 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 Digital Fortress Holdings Also

The Form D signed by BRIAN SCHORR might help Digital Fortress 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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