Pontchartrain Lithotripsy Financing
Pontchartrain Lithotripsy, Llc, Limited Liability Company just had published form D regarding $429,000 equity financing. This is a new filing. Pontchartrain Lithotripsy was able to finance itself with $71,500 so far. That is 16.67% of the financing offer. The total offering amount was $429,000. This form was filed on 2016-11-09. The reason for the financing was: unspecified. The fundraising still has about $357,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Pontchartrain Lithotripsy is based in Arizona. The company’s business is Other Health Care. The form was submitted by Christopher Gleason President of Issuer’s Manager. The company was incorporated more than five years ago. The filler’s address is: 6339 E. Speedway, Suite 201, Tucson, Az, Arizona, 85710. Christopher Gleason is the related person in the form and it has address: 6339 E. Speedway, Suite 201, Tucson, Az, Arizona, 85710. Link to Pontchartrain Lithotripsy Filing: 000150042116000003.
Analysis of Pontchartrain Lithotripsy Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering size. Pontchartrain Lithotripsy sold 16.67% of the offering. The financing is still open. The average offering amount for companies in the Other Health Care industry is $1.16 million. The offering was 93.84% smaller than the average of $1.16 million. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this financing is set at $71500. 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 Pontchartrain Lithotripsy Also
The Form D signed by Christopher Gleason might help Pontchartrain Lithotripsy, Llc’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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