Form D Alert: Plexuss $1.20 million Fundraising. Peter Seeger Filed Nov 15 D Form

Technology Plexuss, Inc. - Peter Seeger

Plexuss Financing

Plexuss, Inc., Corporation just filed form D announcing $1.20 million equity financing. This is a new filing. Plexuss was able to finance itself with $1.20 million. That is 100.00% of the fundraising offer. The total private financing amount was $1.20 million. The offering form was filed on 2016-11-15. The reason for the financing was: `.

Plexuss is based in Alabama. The firm’s business is Other Technology. The form D was filed by Peter Seeger General Counsel. The company was incorporated in 2015. The filler’s address is: 1475 N. Broadway, 360, Walnut Creek, Ca, California, 94596. Jamshid Pejman Novin is the related person in the form and it has address: 1475 N. Broadway, Walnut Creek, Ca, California, 94583. Link to Plexuss Filing: 000168856216000002.

Analysis of Plexuss Offering

On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Plexuss sold 100.00% of the offering. Could this mean that the trust in Plexuss is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 22.08% smaller than the average of $1.54 million. Of course this should not be seen as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this financing was set at $50000. 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 Plexuss Also

The Form D signed by Peter Seeger might help Plexuss, 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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