Form D Coverage: Ny Medicinal Research & Caring $9.00 million Financing. Michael P Linehan Published Nov 30 SEC Form

Health Care Ny Medicinal Research & Caring, Llc - Michael P Linehan

Ny Medicinal Research & Caring Financing

Ny Medicinal Research & Caring, Llc, Limited Liability Company just had published form D regarding $9.00 million equity financing. This is a new filing. Ny Medicinal Research & Caring was able to finance itself with $8.82 million. That is 98.00% of the fundraising offer. The total private financing amount was $9.00 million. The form was filed on 2016-11-30. The reason for the financing was: unspecified. The fundraising still has about $180,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Ny Medicinal Research & Caring is based in New York. The firm’s business is Other Health Care. The D form was filed by Michael P Linehan Manager. The company was incorporated in 2016. The filler’s address is: C/O Shawn Griffin, 99 Garnsey Road, Pittsford, Ny, New York, 14534. Michael P Linehan is the related person in the form and it has address: Ny Medicinal Research & Caring, Llc, 99 Garnsey Road, Pittsford, Ny, New York, 14534. Link to Ny Medicinal Research & Caring Filing: 000169109116000001.

Analysis of Ny Medicinal Research & Caring Offering

On average, firms in the Other Health Care sector, sell 68.60% of the total offering amount. Ny Medicinal Research & Caring sold 98.00% of the offering. The fundraising is still open. Could this mean that the trust in Ny Medicinal Research & Caring is high? The average fundraising amount for companies in the Other Health Care industry is $1.16 million. The total amount raised is 660.34% bigger than the average for companies in the Other Health Care sector. The minimum investment for this fundraising is set at $0. 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 Ny Medicinal Research & Caring Also

The Form D signed by Michael P Linehan might help Ny Medicinal Research & Caring, Llc’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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