Alchemy Sciences Financing
Alchemy Sciences, Inc., Corporation just submitted form D about $22,000 equity financing. This is a new filing. Alchemy Sciences was able to finance itself with $14,608 so far. That is 66.40% of the round of financing. The total financing amount was $22,000. The offering form was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $7,392 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Alchemy Sciences is based in Texas. The company’s business is Other Technology. The D form was submitted by JACOB THOMAS PRESIDENT. The company was incorporated in 2016. The filler’s address is: 6002 Rogerdale Road Suite 175, Houston, Tx, Texas, 77072. Mark Land is the related person in the form and it has address: 6002 Rogerdale Road Suite 175, Houston, Tx, Texas, 77072. Link to Alchemy Sciences Filing: 000169063616000001.
Analysis of Alchemy Sciences Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Alchemy Sciences sold 66.40% 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 99.05% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Companies get financed for a variety of needs and reasons. The minimum investment for this financing was 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 Alchemy Sciences Also
The Form D signed by JACOB THOMAS might help Alchemy Sciences, 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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