Paystation Holdings Financing
Paystation Holdings Llc, Limited Liability Company just had published form D about $2.00 million equity financing. This is a new filing. Paystation Holdings Llc is expected to sell $2.00 million in this fundraising. The total offering amount was $2.00 million. The fundraising form was filed on 2016-11-23. The reason for the financing was: unspecified. The fundraising still has about $2.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Paystation Holdings is based in Michigan. The company’s business is Computers. The form D was submitted by Mark J McKinley Manager. The company was incorporated in 2013. The filler’s address is: 106 South Walnut St. Suite 1, Bay City, Mi, Michigan, 48706. Mark J Mckinley is the related person in the form and it has address: 106 South Walnut Street, Suite 1, Bay City, Mi, Michigan, 48706. Link to Paystation Holdings Filing: 000169001716000001.
Analysis of Paystation Holdings Offering
On average, startups in the Computers sector, sell 85.30% of the total offering size. Paystation Holdings sold 0.00% of the offering. The fundraising is still open. The average investment offering size for companies in the Computers industry is $130,000. The offering was 100.00% smaller than the average of $130,000. Of course this should not be interpreted as negative. Firms get financed for different needs and reasons. The minimum investment for this offering was set at $25000. 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 Paystation Holdings Also
The Form D signed by Mark J McKinley might help Paystation Holdings Llc’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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.