Coagusense, Inc., Corporation just released form D announcing $5.00 million equity financing. This is a new filing. Coagusense was able to sell $5.00 million. That is 100.00% of the financing offer. The total financing amount was $5.00 million. The fundraising form was filed on 2016-11-21. The reason for the financing was: unspecified.
Coagusense is based in California. The firm’s business is not disclosed. The SEC form was filed by Douglas Patterson by JM Lewis his attorney in fact President. The company was incorporated more than five years ago. The filler’s address is: 48377 Fremont Blvd., Ste 113, Fremont, Ca, California, 94538. Douglas Patterson is the related person in the form and it has address: 48377 Fremont Blvd., Ste. 113, Fremont, Ca, California, 94538. Link to Coagusense Filing: 000169054416000001.
Analysis of Coagusense Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Coagusense sold 100.00% of the offering. Could this mean that the trust in Coagusense is high? The average fundraising size for companies in all industries in our database is $3.05 million. The total amount raised is 63.93% bigger than the average for companies in the database. 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 Coagusense Also
The Form D signed by Douglas Patterson by JM Lewis his attorney in fact might help Coagusense, 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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