Noteworthy Form D Filing: Cerahelix $750000 Financing. Susan MacKay Released Nov 23 form

Technology Cerahelix, Inc. - Susan MacKay

Cerahelix Financing

Cerahelix, Inc., Corporation just submitted form D about $750,000 debt financing. This is a new filing. Cerahelix was able to sell $510,000 so far. That is 68.00% of the financing round. The total offering amount was $750,000. This form was filed on 2016-11-23. The reason for the financing was: unspecified. The fundraising still has about $240,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Cerahelix is based in Maine. The company’s business is Other Technology. The D form was submitted by Susan MacKay President. The company was incorporated more than five years ago. The filler’s address is: 20 Godfrey Drive, Orono, Me, Maine, 04473. Richard Schotte is the related person in the form and it has address: 20 Godfrey Drive, Orono, Me, Maine, 04473. Link to Cerahelix Filing: 000151013116000003.

Analysis of Cerahelix Offering

On average, startups in the Other Technology sector, sell 85.80% of the total offering amount. Cerahelix sold 68.00% of the offering. The financing is still open. The average investment offering size for companies in the Other Technology industry is $1.54 million. The offering was 66.88% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses get financed for different needs and reasons. The minimum investment for this fundraising was set at $5000. 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 Cerahelix Also

The Form D signed by Susan MacKay might help Cerahelix, 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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