Nettalon Security Systems Financing
Nettalon Security Systems, Inc, Corporation just submitted form D because of $7.10 million equity financing. This is a new filing. Nettalon Security Systems, Inc is expected to fundraise $7.10 million in this round of financing. The total private offering amount was $7.10 million. The financing document was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $7.10 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Nettalon Security Systems is based in Virginia. The company’s business is Manufacturing. The SEC form was submitted by Ronald Dubois PhD Secretary and Treasurer. The company was incorporated more than five years ago. The filler’s address is: 3304 Bourbon Street, 3Rd Floor, Fredericksburg, Va, Virginia, 22408. Donald R. Jones, Jr. is the related person in the form and it has address: 3304 Bourbon Street, 3Rd Floor, Fredericksurg, Va, Virginia, 22408. Link to Nettalon Security Systems Filing: 000117158316000002.
Analysis of Nettalon Security Systems Offering
On average, firms in the Manufacturing sector, sell 59.50% of the total offering amount. Nettalon Security Systems sold 0.00% of the offering. The financing is still open. The average investment size for companies in the Manufacturing industry is $763,000. The offering was 100.00% smaller than the average of $763,000. Of course this should not be taken as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing is set at $25000. 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 Nettalon Security Systems Also
The Form D signed by Ronald Dubois PhD might help Nettalon Security Systems, 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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