Kalidas Corp, Corporation just had published form D about $3 equity financing. This is a new filing. Kalidas was able to sell $3. That is 100.00% of the offering. The total offering amount was $3. The financing document was filed on 2016-11-07. The reason for the financing was: unspecified.
Kalidas is based in Virginia. The company’s business is Other Health Care. The D form was submitted by Justin Fong Director. The company was incorporated in 2016. The filler’s address is: 114 Waterford Drive, Jupiter, Fl, Florida, 33458. Justin Fong is the related person in the form and it has address: 114 Waterford Drive, Jupiter, Fl, Florida, 33458. Link to Kalidas Filing: 000168886416000003.
Analysis of Kalidas Offering
On average, startups in the Other Health Care sector, sell 68.60% of the total offering size. Kalidas sold 100.00% of the offering. Could this mean that the trust in Kalidas is high? The average investment size for companies in the Other Health Care industry is $1.16 million. The offering was 100.00% smaller than the average of $1.16 million. Of course this should not be seen as negative. Companies raise funds for different reasons and needs. The minimum investment for this financing 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 Kalidas Also
The Form D signed by Justin Fong might help Kalidas Corp’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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