Eight-Ten Merger Financing
Eight-Ten Merger Corp., Corporation just had published form D about $82,500 equity financing. The date of first sale was 2016-10-13. Eight-Ten Merger was able to sell $82,500. That is 100.00% of the financing offer. The total private financing amount was $82,500. The financing form was filed on 2016-11-08. The reason for the financing was: unspecified.
Eight-Ten Merger is based in Alabama. The filler’s business is Investing. The form D was filed by Todd Van Emburgh President. The company was incorporated in 2016. The filler’s address is: 150 Union Square Drive, New Hope, Pa, Pennsylvania, 18938. Todd Van Emburgh is the related person in the form and it has address: 6000 Collins Avenue, #105, Miami Beach, Fl, Florida, 33140. Link to Eight-Ten Merger Filing: 000168685016000003.
Analysis of Eight-Ten Merger Offering
On average, startups in the Investing sector, sell 66.70% of the total offering size. Eight-Ten Merger sold 100.00% of the offering. Could this mean that the trust in Eight-Ten Merger is high? The average investment size for companies in the Investing industry is $1.41 million. The offering was 94.14% smaller than the average of $1.41 million. Of course this should not be interpreted as negative. Businesses get financed for different needs and reasons. 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 Eight-Ten Merger Also
The Form D signed by Todd Van Emburgh might help Eight-Ten Merger 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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