Lucena Research Financing
Lucena Research, Inc., Corporation just released form D regarding $1.00 million equity financing. The date of first sale was 2015-08-20. Lucena Research was able to sell $1.00 million. That is 100.00% of the financing round. The total private financing amount was $1.00 million. The private financing document was filed on 2016-11-21. The reason for the financing was: unspecified.
Lucena Research is based in Georgia. The firm’s business is Other Technology. The form D was signed by Erez M Katz Chief Executive Officer. The company was incorporated in 2014. The filler’s address is: 75 5Th Street Nw, Suite 1025, Atlanta, Ga, Georgia, 30308. Erez M. Katz is the related person in the form and it has address: 75 5Th Street Nw, Suite 1025, Atlanta, Ga, Georgia, 30308. Link to Lucena Research Filing: 000160805616000002.
Analysis of Lucena Research Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering amount. Lucena Research sold 100.00% of the offering. Could this mean that the trust in Lucena Research is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 35.06% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Companies raise funds for different needs and reasons. The minimum investment for this financing 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 Lucena Research Also
The Form D signed by Erez M Katz might help Lucena Research, 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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