Form D To Observe: Lawtrades $1.87 million Financing. Raad Ahmed Filed Nov 17 Form D

Technology Lawtrades, Inc. - Raad Ahmed

Lawtrades Financing

Lawtrades, Inc., Corporation just released form D announcing $1.87 million equity financing. This is a new filing. Lawtrades was able to sell $1.87 million. That is 100.00% of the fundraising offer. The total financing amount was $1.87 million. The fundraising form was filed on 2016-11-17. The reason for the financing was: unspecified.

Lawtrades is based in Connecticut. The filler’s business is Other Technology. The D form was filed by Raad Ahmed President. The company was incorporated in 2013. The filler’s address is: 35-37 36Th Street, Astoria, Ny, New York, 11106. Raad Ahmed is the related person in the form and it has address: 36-05 Vernon Blvd, Apt. 3L, Astoria, Ny, New York, 11106. Link to Lawtrades Filing: 000169013516000001.

Analysis of Lawtrades Offering

On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Lawtrades sold 100.00% of the offering. Could this mean that the trust in Lawtrades is high? The average fundraising amount for companies in the Other Technology industry is $1.54 million. The total amount raised is 21.66% bigger than the average for companies in the Other Technology sector. The minimum investment for this financing is set at $25000. 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 Lawtrades Also

The Form D signed by Raad Ahmed might help Lawtrades, 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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