Form D Filing: Applied Dna Sciences $5.00 million Financing. Beth Jantzen Published Nov 10 form D

Biotechnology Applied Dna Sciences Inc - Beth Jantzen

Applied Dna Sciences Financing

Applied Dna Sciences Inc, Corporation just filed form D for $5.00 million equity financing. This is a new filing. Applied Dna Sciences was able to fundraise $5.00 million. That is 100.00% of the fundraising offer. The total fundraising amount was $5.00 million. The fundraising form was filed on 2016-11-10. The reason for the financing was: 7% and 68,182 warrants each to purchase one share of Common Stock.

Applied Dna Sciences is based in New York. The company’s business is Biotechnology. The D form was signed by Beth Jantzen Chief Financial Officer. The company was incorporated more than five years ago. The filler’s address is: 50 Health Sciences Drive, Stony Brook, Ny, New York, 11790. James A. Hayward is the related person in the form and it has address: 50 Health Sciences Drive, Stony Brook, Ny, New York, 11790. Link to Applied Dna Sciences Filing: 000157104916019752.

Analysis of Applied Dna Sciences Offering

On average, companies in the Biotechnology sector, sell 73.77% of the total offering size. Applied Dna Sciences sold 100.00% of the offering. Could this mean that the trust in Applied Dna Sciences is high? The average investment size for companies in the Biotechnology industry is $3.08 million. The total amount raised is 62.34% bigger than the average for companies in the Biotechnology sector. The minimum investment for this financing 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 Applied Dna Sciences Also

The Form D signed by Beth Jantzen might help Applied Dna Sciences 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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