Form D Buzzer: Eqx Capital $12.40 million Financing. Kent R Johnson Released Nov 7 SEC Form

Eqx Capital, Inc. - Kent R Johnson

Eqx Capital Financing

Eqx Capital, Inc., Corporation just had published form D because of $12.40 million equity financing. The date of first sale was 2016-06-10. Eqx Capital was able to sell $4.00 million so far. That is 32.26% of the fundraising. The total financing amount was $12.40 million. The fundraising form was filed on 2016-11-07. The reason for the financing was: unspecified. The fundraising still has about $8.40 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Eqx Capital is based in California. The filler’s business is not disclosed. The D form was signed by Kent R Johnson Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: 315 Montgomery Street, Suite 900, San Francisco, Ca, California, 94104. Kent R. Johnson is the related person in the form and it has address: 315 Montgomery Street, Suite 900, San Francisco, Ca, California, 94104. Link to Eqx Capital Filing: 000167829116000002.

Analysis of Eqx Capital Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Eqx Capital sold 32.26% of the offering. The financing is still open. The average investment size for companies in all industries in our database is $3.05 million. The total amount raised is 31.15% bigger than the average for companies in the database. 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 Eqx Capital Also

The Form D signed by Kent R Johnson might help Eqx Capital, 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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