Owlized, Inc., Corporation just released form D for $1.00 million equity and debt financing. This is a new filing. Owlized was able to sell $75,000 so far. That is 7.50% of the offering. The total offering amount was $1.00 million. The offering form was filed on 2016-11-16. The reason for the financing was: unspecified. The fundraising still has about $925,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Owlized is based in Alabama. The filler’s business is not disclosed. The D form was signed by Aaron Selverston Chief Executive Officer. The company was incorporated in 2015. The filler’s address is: 1933 David Street #284, San Leandro, Ca, California, 94577. Aaron Selverston is the related person in the form and it has address: 1933 David Street #284, San Leandro, Ca, California, 94577. Link to Owlized Filing: 000169044716000001.
Analysis of Owlized Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Owlized sold 7.50% of the offering. The financing is still open. The average financing size for companies in all industries in our database is $3.05 million. The offering was 97.54% smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups get financed for a variety of needs and reasons. 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 Owlized Also
The Form D signed by Aaron Selverston might help Owlized, 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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