Follow The Form D: Engineered Propulsion Systems $900000 Financing. Steven Weinzierl Published Nov 30 Filing

Manufacturing Engineered Propulsion Systems, Inc. - Steven Weinzierl

Engineered Propulsion Systems Financing

Engineered Propulsion Systems, Inc., Corporation just submitted form D about $900,000 equity financing. This is a new filing. Engineered Propulsion Systems was able to finance itself with $900,000. That is 100.00% of the offering. The total financing amount was $900,000. The form was filed on 2016-11-30. The reason for the financing was: unspecified.

Engineered Propulsion Systems is based in Wisconsin. The company’s business is Manufacturing. The form was submitted by Steven Weinzierl Vice President. The company was incorporated more than five years ago. The filler’s address is: 150 West First Street, New Richmond, Wi, Wisconsin, 54017. Steven Weinzierl is the related person in the form and it has address: 150 West First Street, New Richmond, Wi, Wisconsin, 54017. Link to Engineered Propulsion Systems Filing: 000150712816000011.

Analysis of Engineered Propulsion Systems Offering

On average, companies in the Manufacturing sector, sell 59.50% of the total offering amount. Engineered Propulsion Systems sold 100.00% of the offering. Could this mean that the trust in Engineered Propulsion Systems is high? The average fundraising amount for companies in the Manufacturing industry is $763,000. The total amount raised is 17.96% bigger than the average for companies in the Manufacturing sector. The minimum investment for this financing was set at $900000. 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 Engineered Propulsion Systems Also

The Form D signed by Steven Weinzierl might help Engineered Propulsion Systems, 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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