Sky High Holding Financing
Sky High Holding, Inc., Corporation just filed form D announcing $4.40 million equity financing. This is a new filing. Sky High Holding was able to fundraise $4.40 million. That is 100.00% of the offering. The total offering amount was $4.40 million. The financing form was filed on 2016-11-14. The reason for the financing was: unspecified.
Sky High Holding is based in New York. The company’s business is Construction. The form was filed by Bryan Carlisle President and Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: One Manhattanville Road, Suite 201, Purchase, Ny, New York, 10577. Larry Berg is the related person in the form and it has address: One Manhattanville Road, Suite 201, Purchase, Ny, New York, 10577. Link to Sky High Holding Filing: 000095014216004711.
Analysis of Sky High Holding Offering
On average, companies in the Construction sector, sell 42.80% of the total offering size. Sky High Holding sold 100.00% of the offering. Could this mean that the trust in Sky High Holding is high? The average investment floor size for companies in the Construction industry is $547,000. The total amount raised is 704.39% bigger than the average for companies in the Construction sector. The minimum investment for this offering was 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 Sky High Holding Also
The Form D signed by Bryan Carlisle might help Sky High Holding, 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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