Form D Reporting: Crayon $4.95 million Financing. Jonah Lopin Submitted Nov 14 form

Crayon, Inc. - Jonah Lopin

Crayon Financing

Crayon, Inc., Corporation just released form D about $4.95 million equity financing. This is a new filing. Crayon was able to finance itself with $4.95 million. That is 100.00% of the financing round. The total private financing amount was $4.95 million. The private financing document was filed on 2016-11-14. The reason for the financing was: Includes $1,603,272 worth of converted debt..

Crayon is based in Massachusetts. The filler’s business is not disclosed. The D form was signed by Jonah Lopin Chief Executive Officer. The company was incorporated in 2012. The filler’s address is: 7 Claremont Park, #2, Boston, Ma, Massachusetts, 02118. Jonah Lopin is the related person in the form and it has address: 70 Clarendon Street, #1, Boston, Ma, Massachusetts, 02116. Link to Crayon Filing: 000164249616000004.

Analysis of Crayon Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Crayon sold 100.00% of the offering. Could this mean that the trust in Crayon is high? The average fundraising size for companies in all industries in our database is $3.05 million. The total amount raised is 62.40% bigger than the average for companies in the database. The minimum investment for this offering was set at $5410. 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 Crayon Also

The Form D signed by Jonah Lopin might help Crayon, 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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