Zoneflow Reactor Technologies Financing
Zoneflow Reactor Technologies, Llc, Limited Liability Company just had published form D regarding $1.50 million equity financing. This is a new filing. Zoneflow Reactor Technologies was able to finance itself with $562,500 so far. That is 37.50% of the round of financing. The total private offering amount was $1.50 million. The fundraising form was filed on 2016-11-15. The reason for the financing was: unspecified. The fundraising still has about $937,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Zoneflow Reactor Technologies is based in Massachusetts. The firm’s business is Other Energy. The SEC form was signed by J BRUCE BOISTURE PRESIDENT. The company was incorporated more than five years ago. The filler’s address is: 130 West Street, Windsor, Ct, Connecticut, 06095. J. Bruce Boisture is the related person in the form and it has address: 130 West Street, Windsor, Ct, Connecticut, 06095. Link to Zoneflow Reactor Technologies Filing: 000165259916000003.
Analysis of Zoneflow Reactor Technologies Offering
On average, firms in the Other Energy sector, sell 65.00% of the total offering amount. Zoneflow Reactor Technologies sold 37.50% of the offering. The fundraising is still open. The average investment size for companies in the Other Energy industry is $1.11 million. The offering was 49.19% smaller than the average of $1.11 million. Of course this should not be seen as negative. Companies get financed for a variety of reasons and needs. The minimum investment for this fundraising 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 Zoneflow Reactor Technologies Also
The Form D signed by J BRUCE BOISTURE might help Zoneflow Reactor Technologies, 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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