Expo Event Holdco Financing
Expo Event Holdco, Inc., Corporation just submitted form D regarding $603,275 equity financing. This is a new filing. Expo Event Holdco was able to fundraise $603,275. That is 100.00% of the round of financing. The total fundraising amount was $603,275. The private financing document was filed on 2016-11-22. The reason for the financing was: This filing relates to grants and sales from time to time pursuant to the Expo Event Holdco, Inc. 2013 Stock Option Plan. For this purpose Options are valued at their exercise price..
Expo Event Holdco is based in New York. The filler’s business is Business Services. The SEC form was signed by Kosty Gilis President and Treasurer. The company was incorporated in 2013. The filler’s address is: 712 Fifth Avenue, 40Th Floor, New York, Ny, New York, 10019. Kosty Gilis is the related person in the form and it has address: C/O Expo Event Holdco, Inc., 712 Fifth Avenue, 40Th Floor, New York, Ny, New York, 10019. Link to Expo Event Holdco Filing: 000089534516000601.
Analysis of Expo Event Holdco Offering
On average, companies in the Business Services sector, sell 69.04% of the total offering size. Expo Event Holdco sold 100.00% of the offering. Could this mean that the trust in Expo Event Holdco is high? The average offering size for companies in the Business Services industry is $583,000. The total amount raised is 3.48% bigger than the average for companies in the Business Services sector. The minimum investment for this offering is 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 Expo Event Holdco Also
The Form D signed by Kosty Gilis might help Expo Event Holdco, 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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