Zane Benefits Financing
Zane Benefits Inc, Corporation just had published form D regarding $846,108 equity financing. This is a new filing. Zane Benefits was able to sell $702,484. That is 83.03% of the financing round. The total financing amount was $846,108. The fundraising form was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $143,624 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Zane Benefits is based in Utah. The filler’s business is Business Services. The D form was filed by David J Eastman Chairman & Sec.. The company was incorporated more than five years ago. The filler’s address is: 383 West Vine Street, Suite 300, Murray, Ut, Utah, 84123. W James Tozer, Jr. is the related person in the form and it has address: 9896 North Summit View Drive, Park City, Ut, Utah, 84060. Link to Zane Benefits Filing: 000141245116000004.
Analysis of Zane Benefits Offering
On average, startups in the Business Services sector, sell 69.04% of the total offering size. Zane Benefits sold 83.03% of the offering. The fundraising is still open. Could this mean that the trust in Zane Benefits is high? The average offering amount for companies in the Business Services industry is $583,000. The total amount raised is 20.49% bigger than the average for companies in the Business Services sector. The minimum investment for this financing was set at $5900. 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 Zane Benefits Also
The Form D signed by David J Eastman might help Zane Benefits 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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