Noteworthy Form D Filing: Catapult Health $10.14 million Fundraising. David Michel Filed Nov 14 SEC form

Health Care Catapult Health, Llc - David Michel

Catapult Health Financing

Catapult Health, Llc, Limited Liability Company just had published form D regarding $10.14 million equity financing. This is a new filing. Catapult Health was able to sell $10.14 million. That is 100.00% of the financing round. The total financing amount was $10.14 million. The financing form was filed on 2016-11-14. The reason for the financing was: unspecified.

Catapult Health is based in Texas. The firm’s business is Other Health Care. The form was filed by David Michel President & CEO. The company was incorporated more than five years ago. The filler’s address is: 8144 Walnut Hill Lane, Suite 1120, Dallas, Tx, Texas, 75231. David Michel is the related person in the form and it has address: 8144 Walnut Hill Lane, Suite 1120, Dallas, Tx, Texas, 75231. Link to Catapult Health Filing: 000150924716000004.

Analysis of Catapult Health Offering

On average, firms in the Other Health Care sector, sell 68.60% of the total offering amount. Catapult Health sold 100.00% of the offering. Could this mean that the trust in Catapult Health is high? The average fundraising amount for companies in the Other Health Care industry is $1.16 million. The total amount raised is 774.36% bigger than the average for companies in the Other Health Care sector. The minimum investment for this offering is set at $13350. If you know more about the reasons for the financing, 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 Catapult Health Also

The Form D signed by David Michel might help Catapult 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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