Follow The Form D: Wandisco Plc $1506 Financing. Erik Miller Released Nov 28 D Form

Technology Wandisco, Plc - Erik Miller

Wandisco Plc Financing

Wandisco, Plc, just submitted form D regarding $1,506 equity financing. This is a new filing. Wandisco Plc was able to finance itself with $1,506. That is 100.00% of the round of financing. The total fundraising amount was $1,506. The offering form was filed on 2016-11-28. The reason for the financing was: unspecified.

Wandisco Plc is based in United Kingdom. The filler’s business is Other Technology. The form D was signed by Erik Miller CFO. The company was incorporated in 2012. The filler’s address is: Electric Works, Sheffield Digital Campus, Sheffield, X0, United Kingdom, S1 2Bj. David Richards is the related person in the form and it has address: Electric Works, Sheffield Digital Campus, Sheffield, X0, United Kingdom, S1 2Bj. Link to Wandisco Plc Filing: 000169042716000001.

Analysis of Wandisco Plc Offering

On average, startups in the Other Technology sector, sell 85.80% of the total offering amount. Wandisco Plc sold 100.00% of the offering. Could this mean that the trust in Wandisco Plc is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 99.90% smaller than the average of $1.54 million. Of course this should not be taken as negative. Startups get financed for a variety of needs and reasons. The minimum investment for this financing was set at $1506. 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 Wandisco Plc Also

The Form D signed by Erik Miller might help Wandisco, Plc’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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