Printwithme, Inc., Corporation just had published form D about $600,000 equity financing. This is a new filing. Printwithme was able to fundraise $542,500. That is 90.42% of the fundraising. The total private financing amount was $600,000. This form was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $57,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Printwithme is based in Illinois. The company’s business is not disclosed. The form D was signed by JonathanTreble Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: 444 N. Wabash Avenue, Chicago, Il, Illinois, 60611. Jonathan Treble is the related person in the form and it has address: 444 N. Wabash Avenue, Chicago, Il, Illinois, 60611. Link to Printwithme Filing: 000168974716000001.
Analysis of Printwithme Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Printwithme sold 90.42% of the offering. The financing is still open. Could this mean that the trust in Printwithme is high? The average offering amount for companies in all industries in our database is $3.05 million. The offering was 82.21% smaller than the average of $3.05 million. Of course this should not be seen as negative. Startups get financed for different reasons and needs. The minimum investment for this financing was set at $5436. 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 Printwithme Also
The Form D signed by JonathanTreble might help Printwithme, 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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