Tamarack Aerospace Group Financing
Tamarack Aerospace Group, Inc., Corporation just filed form D because of $1.98 million equity financing. The date of first sale was 2015-11-20. Tamarack Aerospace Group was able to finance itself with $1.98 million. That is 100.00% of the financing offer. The total offering amount was $1.98 million. The private financing document was filed on 2016-11-30. The reason for the financing was: Commission by agreement only. Recipient did not participate in solicitation, placement, or any form of advisory or other services associated with the transaction(s)..
Tamarack Aerospace Group is based in Idaho. The firm’s business is Other Technology. The form was signed by Nicholas R Guida President/CEO. The company was incorporated more than five years ago. The filler’s address is: 2021 Industrial Drive, Sandpoint, Id, Idaho, 83864. Nicholas R. Guida is the related person in the form and it has address: C/O Tamarack Aerospace Group, Inc., 2021 Industrial Drive, Sandpoint, Id, Idaho, 83864. Link to Tamarack Aerospace Group Filing: 000150704516000009.
Analysis of Tamarack Aerospace Group Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Tamarack Aerospace Group sold 100.00% of the offering. Could this mean that the trust in Tamarack Aerospace Group is high? The average fundraising size for companies in the Other Technology industry is $1.54 million. The total amount raised is 28.44% bigger than the average for companies in the Other Technology sector. The minimum investment for this offering is set at $25000. 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 Tamarack Aerospace Group Also
The Form D signed by Nicholas R Guida might help Tamarack Aerospace Group, 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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