Form D Action: Sun Behavioral Holdco $34.00 million Fundraising. Steve Page Published Nov 18 SEC form

Health Care Sun Behavioral Holdco, Llc - Steve Page

Sun Behavioral Holdco Financing

Sun Behavioral Holdco, Llc, Limited Liability Company just submitted form D because of $34.00 million equity financing. This is a new filing. Sun Behavioral Holdco was able to fundraise $19.00 million so far. That is 55.88% of the financing round. The total financing amount was $34.00 million. The financing form was filed on 2016-11-18. The reason for the financing was: unspecified. The fundraising still has about $15.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Sun Behavioral Holdco is based in New Jersey. The firm’s business is Other Health Care. The form was submitted by Steve Page President. The company was incorporated in 2013. The filler’s address is: 12 Broad Street, Suite 403, Red Bank, Nj, New Jersey, 07701. Steve Page is the related person in the form and it has address: 12 Broad Street, Suite 403, Red Bank, Nj, New Jersey, 07701. Link to Sun Behavioral Holdco Filing: 000159840316000003.

Analysis of Sun Behavioral Holdco Offering

On average, companies in the Other Health Care sector, sell 68.60% of the total offering amount. Sun Behavioral Holdco sold 55.88% of the offering. The fundraising is still open. The average fundraising size for companies in the Other Health Care industry is $1.16 million. The total amount raised is 1,537.93% bigger than the average for companies in the Other Health Care sector. The minimum investment for this offering was 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 Sun Behavioral Holdco Also

The Form D signed by Steve Page might help Sun Behavioral Holdco, 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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