Go Trashy Financing
Go Trashy Inc., Corporation just filed form D about $120,000 debt financing. This is a new filing. Go Trashy was able to finance itself with $65,706 so far. That is 54.76% of the fundraising offer. The total private financing amount was $120,000. The financing form was filed on 2016-11-04. The reason for the financing was: unspecified. The fundraising still has about $54,294 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Go Trashy is based in Oregon. The filler’s business is Other Technology. The form D was submitted by Jason Patz Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: 10260 Sw Greenburg Road, Suite 400, Portland, Or, Oregon, 97223. Jason Patz is the related person in the form and it has address: 10260 Sw Greenburg Road, Suite 400, Portland, Or, Oregon, 97223. Link to Go Trashy Filing: 000168936516000001.
Analysis of Go Trashy Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Go Trashy sold 54.76% of the offering. The fundraising is still open. The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 95.73% smaller than the average of $1.54 million. Of course this should not be seen as negative. Firms get financed for different reasons and needs. The minimum investment for this offering 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 Go Trashy Also
The Form D signed by Jason Patz might help Go Trashy 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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