Form D to Follow: Fishviews $500000 Financing. Scott Gallagher Filed Nov 3 Form D

Technology Fishviews, Inc. - Scott Gallagher

Fishviews Financing

Fishviews, Inc., Corporation just had published form D announcing $500,000 debt financing. This is a new filing. Fishviews was able to sell $25,000 so far. That is 5.00% of the offering. The total private offering amount was $500,000. This form was filed on 2016-11-03. The reason for the financing was: unspecified. The fundraising still has about $475,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Fishviews is based in Texas. The company’s business is Other Technology. The D form was filed by Scott Gallagher CEO. The company was incorporated in 2014. The filler’s address is: 101 Rocky Meadows Lane, Wimberley, Tx, Texas, 78676. Robert Crampton is the related person in the form and it has address: 101 Rocky Meadows Lane, Wimberley, Tx, Texas, 78676. Link to Fishviews Filing: 000163663216000004.

Analysis of Fishviews Offering

On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Fishviews sold 5.00% 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 98.38% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this financing 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 Fishviews Also

The Form D signed by Scott Gallagher might help Fishviews, 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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