Enable Injections Financing
Enable Injections, Inc, Corporation just had published form D because of $25.00 million equity financing. The date of first sale was 2016-08-26. Enable Injections was able to fundraise $25.00 million. That is 100.00% of the fundraising. The total offering amount was $25.00 million. The private financing document was filed on 2016-11-17. The reason for the financing was: unspecified.
Enable Injections is based in Ohio. The filler’s business is Other Health Care. The D form was filed by Michael Hooven President & CEO. The company was incorporated more than five years ago. The filler’s address is: 2863 East Sharon Road, Cincinnati, Oh, Ohio, 45241. Michael Hooven is the related person in the form and it has address: 2863 East Sharon Road, Cincinnati, Oh, Ohio, 45241. Link to Enable Injections Filing: 000161982516000015.
Analysis of Enable Injections Offering
On average, startups in the Other Health Care sector, sell 68.60% of the total offering size. Enable Injections sold 100.00% of the offering. Could this mean that the trust in Enable Injections is high? The average offering amount for companies in the Other Health Care industry is $1.16 million. The total amount raised is 2,055.17% bigger than the average for companies in the Other Health Care sector. The minimum investment for this offering is 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 Enable Injections Also
The Form D signed by Michael Hooven might help Enable Injections, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.