Newest Form D Filing: Akron Ascent Innovations $1.25 million Fundraising. Elyse Ball Esq Submitted Nov 10 Filing

Technology Akron Ascent Innovations, Llc - Elyse Ball Esq

Akron Ascent Innovations Financing

Akron Ascent Innovations, Llc, Limited Liability Company just filed form D regarding $1.25 million equity financing. This is a new filing. Akron Ascent Innovations was able to fundraise $1.25 million. That is 100.00% of the financing offer. The total offering amount was $1.25 million. The fundraising form was filed on 2016-11-10. The reason for the financing was: unspecified.

Akron Ascent Innovations is based in Ohio. The firm’s business is Other Technology. The form was signed by Elyse Ball Esq Secretary. The company was incorporated in 2012. The filler’s address is: 411 Wolf Ledges Parkway, Suite 105, Akron, Oh, Ohio, 44311. Barry Rosenbaum is the related person in the form and it has address: 411 Wolf Ledges Parkway, Suite 105, Akron, Oh, Ohio, 44311. Link to Akron Ascent Innovations Filing: 000120919116149521.

Analysis of Akron Ascent Innovations Offering

On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Akron Ascent Innovations sold 100.00% of the offering. Could this mean that the trust in Akron Ascent Innovations is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 18.83% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses raise funds for different needs and reasons. The minimum investment for this fundraising is set at $1250000. 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 Akron Ascent Innovations Also

The Form D signed by Elyse Ball Esq might help Akron Ascent Innovations, 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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