Aushon Biosystems Financing
Aushon Biosystems Inc, Corporation just released form D for $6.75 million equity financing. The date of first sale was 2016-07-15. Aushon Biosystems was able to fundraise $6.75 million. That is 100.00% of the fundraising offer. The total private financing amount was $6.75 million. The private financing document was filed on 2016-11-09. The reason for the financing was: unspecified.
Aushon Biosystems is based in Massachusetts. The company’s business is Biotechnology. The D form was filed by Susan Vogt Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 43 Manning Road, Billerica, Ma, Massachusetts, 01821. Peter Honkanen is the related person in the form and it has address: 43 Manning Road, Billerica, Ma, Massachusetts, 01821. Link to Aushon Biosystems Filing: 000138073516000004.
Analysis of Aushon Biosystems Offering
On average, companies in the Biotechnology sector, sell 73.77% of the total offering size. Aushon Biosystems sold 100.00% of the offering. Could this mean that the trust in Aushon Biosystems is high? The average investment floor size for companies in the Biotechnology industry is $3.08 million. The total amount raised is 119.05% bigger than the average for companies in the Biotechnology sector. The minimum investment for this offering 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 Aushon Biosystems Also
The Form D signed by Susan Vogt might help Aushon Biosystems 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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