Targeted Microwave Solutions Financing
Targeted Microwave Solutions Inc., Corporation just had published form D regarding $62,859 equity financing. This is a new filing. Targeted Microwave Solutions was able to finance itself with $62,859. That is 100.00% of the fundraising. The total private financing amount was $62,859. This form was filed on 2016-11-14. The reason for the financing was: US dollars were converted from Canadian dollars based on the 0.7461 Bank of Canada noon exchange rate in effect on 10-31-16..
Targeted Microwave Solutions is based in British Columbia – Canada. The company’s business is Other Technology. The D form was submitted by Jan Kindler Chief Operating Officer. The company was incorporated in 2015. The filler’s address is: Suite 2300, 1066 West Hastings Street, Vancouver, A1, British Columbia, Canada, V6e 3X2. James Young is the related person in the form and it has address: Suite 2300, 1066 West Hastings Street, Vancouver, A1, British Columbia, Canada, V6e 3X2. Link to Targeted Microwave Solutions Filing: 000168979116000001.
Analysis of Targeted Microwave Solutions Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering amount. Targeted Microwave Solutions sold 100.00% of the offering. Could this mean that the trust in Targeted Microwave Solutions is high? The average investment floor size for companies in the Other Technology industry is $1.54 million. The offering was 95.92% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses raise funds for different reasons and needs. The minimum investment for this fundraising is 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 Targeted Microwave Solutions Also
The Form D signed by Jan Kindler might help Targeted Microwave Solutions 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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