Form D Don’t Lie: Americann $2.00 million Financing. Timothy Keogh Published Nov 7 D form

Americann, Inc. - Timothy Keogh

Americann Financing

Americann, Inc., Corporation just submitted form D announcing $2.00 million equity financing. This is a new filing. Americann was able to sell $2.00 million. That is 100.00% of the fundraising. The total fundraising amount was $2.00 million. The form was filed on 2016-11-07. The reason for the financing was: unspecified.

Americann is based in Colorado. The firm’s business is not disclosed. The SEC form was signed by Timothy Keogh CEO. The company was incorporated more than five years ago. The filler’s address is: 3200 Brighton Blvd., Unit 114, Denver, Co, Colorado, 80216. Timothy Keogh is the related person in the form and it has address: 3200 Brighton Blvd., #114, Denver, Co, Colorado, 80216. Link to Americann Filing: 000100487816000534.

Analysis of Americann Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Americann sold 100.00% of the offering. Could this mean that the trust in Americann is high? The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 34.43% smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups get financed for different reasons and needs. The minimum investment for this financing was set at $1000. 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 Americann Also

The Form D signed by Timothy Keogh might help Americann, 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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