Adeptus Health Financing
Adeptus Health Inc., Corporation just submitted form D regarding $27.50 million equity financing. This is a new filing. Adeptus Health was able to sell $27.50 million. That is 100.00% of the financing round. The total financing amount was $27.50 million. This form was filed on 2016-11-21. The reason for the financing was: The proceeds from the offering will be used for general working capital purposes including the payment of payroll. Officers listed in item 3 will be among the Issuer’s employees who may receive a portion of regularly scheduled salary from such proceeds..
Adeptus Health is based in Texas. The company’s business is Hospitals and Physicians. The SEC form was submitted by Timothy M Mueller Senior Vice President and General Counsel. The company was incorporated in 2014. The filler’s address is: 2941 South Lake Vista, Lewisville, Tx, Texas, 75067. Gregory W. Scott is the related person in the form and it has address: 2941 South Lake Vista, Lewisville, Tx, Texas, 75067. Link to Adeptus Health Filing: 000160236716000004.
Analysis of Adeptus Health Offering
On average, startups in the Hospitals and Physicians sector, sell 37.50% of the total offering size. Adeptus Health sold 100.00% of the offering. Could this mean that the trust in Adeptus Health is high? The average investment floor size for companies in the Hospitals and Physicians industry is $120,000. The total amount raised is 22,816.67% bigger than the average for companies in the Hospitals and Physicians sector. The minimum investment for this fundraising 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 Adeptus Health Also
The Form D signed by Timothy M Mueller might help Adeptus Health 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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