Electrum Partners Financing
Electrum Partners Llc, Limited Liability Company just released form D because of $2.50 million equity financing. This is a new filing. Electrum Partners was able to sell $510,308 so far. That is 20.41% of the fundraising offer. The total financing amount was $2.50 million. The fundraising form was filed on 2016-11-09. The reason for the financing was: unspecified. The fundraising still has about $1.99 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Electrum Partners is based in Nevada. The company’s business is Other Health Care. The D form was filed by Leslie Bocskor President. The company was incorporated in 2014. The filler’s address is: 400 S. 4Th Street, Suite 500, Las Vegas, Nv, Nevada, 89101. Leslie Bocskor is the related person in the form and it has address: 1900 Waldman Avenue, Las Vegas, Nv, Nevada, 89102. Link to Electrum Partners Filing: 000144586616002906.
Analysis of Electrum Partners Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering size. Electrum Partners sold 20.41% of the offering. The financing is still open. The average offering size for companies in the Other Health Care industry is $1.16 million. The offering was 56.01% smaller than the average of $1.16 million. Of course this should not be interpreted as negative. Startups get financed for different reasons and needs. The minimum investment for this financing was set at $25092. 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 Electrum Partners Also
The Form D signed by Leslie Bocskor might help Electrum Partners Llc’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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