Form D SEC Filing: Gap Year Global $215000 Fundraising. Charlie Taibi Submitted Nov 3 Filing

Technology Gap Year Global Inc. - Charlie Taibi

Gap Year Global Financing

Gap Year Global Inc., Corporation just released form D announcing $215,000 equity financing. This is a new filing. Gap Year Global was able to finance itself with $215,000. That is 100.00% of the round of financing. The total private offering amount was $215,000. The private financing document was filed on 2016-11-03. The reason for the financing was: Portions of the gross proceeds may be used to fund officer salaries in amounts TBD.

Gap Year Global is based in California. The firm’s business is Other Technology. The form D was submitted by Charlie Taibi Chief Executive Officer. The company was incorporated in 2014. The filler’s address is: 414 Brannan Street, San Francisco, Ca, California, 94107. Dale J. Stephens is the related person in the form and it has address: 414 Brannan Street, San Francisco, Ca, California, 94107. Link to Gap Year Global Filing: 000162615116000002.

Analysis of Gap Year Global Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Gap Year Global sold 100.00% of the offering. Could this mean that the trust in Gap Year Global is high? The average offering amount for companies in the Other Technology industry is $1.54 million. The offering was 86.04% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing was set at $25000. 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 Gap Year Global Also

The Form D signed by Charlie Taibi might help Gap Year Global 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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