Important Form D Filing: Signallamp Health $249795 Financing. Drew L Kearney Submitted Nov 10 SEC Filing

Health Care Signallamp Health, Llc - Drew L Kearney

Signallamp Health Financing

Signallamp Health, Llc, Limited Liability Company just submitted form D announcing $249,795 equity financing. This is a new filing. Signallamp Health was able to sell $249,795. That is 100.00% of the financing round. The total financing amount was $249,795. The fundraising form was filed on 2016-11-10. The reason for the financing was: unspecified.

Signallamp Health is based in Pennsylvania. The firm’s business is Other Health Care. The D form was signed by Drew L Kearney Chief Operating Officer and Co-Founder. The company was incorporated in 2015. The filler’s address is: 321 Spruce Street, Suite 800, Scranton, Pa, Pennsylvania, 18503. Drew L. Kearney is the related person in the form and it has address: 321 Spruce Street, Suite 800, Scranton, Pa, Pennsylvania, 18503. Link to Signallamp Health Filing: 000168970516000003.

Analysis of Signallamp Health Offering

On average, startups in the Other Health Care sector, sell 68.60% of the total offering size. Signallamp Health sold 100.00% of the offering. Could this mean that the trust in Signallamp Health is high? The average offering size for companies in the Other Health Care industry is $1.16 million. The offering was 78.47% smaller than the average of $1.16 million. Of course this should not be taken as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this offering was set at $249795. 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 Signallamp Health Also

The Form D signed by Drew L Kearney might help Signallamp Health, 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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