Newest Form D Filing: Indica $750000 Financing. Emelio Williams Filed Nov 14 form D

Indica, Inc. - Emelio Williams

Indica Financing

Indica, Inc., Corporation just had published form D regarding $750,000 equity financing. This is a new filing. Indica was able to finance itself with $750,000. That is 100.00% of the round of financing. The total financing amount was $750,000. The financing form was filed on 2016-11-14. The reason for the financing was: unspecified.

Indica is based in Massachusetts. The filler’s business is not disclosed. The SEC form was filed by Emelio Williams President. The company was incorporated in 2015. The filler’s address is: 955 Massachusetts Ave., Cambridge, Ma, Massachusetts, 02139. Emelio Williams is the related person in the form and it has address: 401 Broadway Street, Suite 14, Cambridge, Ma, Massachusetts, 02139. Link to Indica Filing: 000155335016002743.

Analysis of Indica Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Indica sold 100.00% of the offering. Could this mean that the trust in Indica is high? The average financing size for companies in all industries in our database is $3.05 million. The offering was 75.41% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Startups get financed for different needs and reasons. The minimum investment for this fundraising was set at $375000. 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 Indica Also

The Form D signed by Emelio Williams might help Indica, 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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