Newest Form D Filing: Jubi $572877 Financing. Terry Barber Published Nov 8 SEC Filing

Technology Jubi, Inc. - Terry Barber

Jubi Financing

Jubi, Inc., Corporation just submitted form D about $572,877 equity financing. This is a new filing. Jubi was able to fundraise $572,877. That is 100.00% of the round of financing. The total private financing amount was $572,877. The fundraising form was filed on 2016-11-08. The reason for the financing was: unspecified.

Jubi is based in Georgia. The company’s business is Other Technology. The form D was filed by Terry Barber President. The company was incorporated in 2014. The filler’s address is: 570 Ownens Farm Road, Alpharetta, Ga, Georgia, 30004. Armando Coronel is the related person in the form and it has address: 570 Owens Farm Road, Alpharetta, Ga, Georgia, 30004. Link to Jubi Filing: 000168935916000001.

Analysis of Jubi Offering

On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Jubi sold 100.00% of the offering. Could this mean that the trust in Jubi is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 62.80% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses get financed for different reasons and needs. The minimum investment for this fundraising 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 Jubi Also

The Form D signed by Terry Barber might help Jubi, 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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