Mediahound, Inc., Corporation just had published form D for $560 equity financing. This is a new filing. Mediahound was able to sell $560. That is 100.00% of the financing round. The total financing amount was $560. This form was filed on 2016-11-15. The reason for the financing was: unspecified.
Mediahound is based in Alabama. The filler’s business is Other Technology. The SEC form was signed by Angela A Bandich Esq Attorney. The company was incorporated in 2013. The filler’s address is: 112 Arena Street, El Segundo, Ca, California, 90245. Addison Mccaleb is the related person in the form and it has address: 112 Arena Street, El Segundo, Ca, California, 90245. Link to Mediahound Filing: 000157941116000013.
Analysis of Mediahound Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Mediahound sold 100.00% of the offering. Could this mean that the trust in Mediahound is high? The average fundraising size for companies in the Other Technology industry is $1.54 million. The offering was 99.96% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $0. 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 Mediahound Also
The Form D signed by Angela A Bandich Esq might help Mediahound, 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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