Ianthus Capital Holdings Financing
Ianthus Capital Holdings, Inc., Corporation just released form D about $1.91 million equity financing. This is a new filing. Ianthus Capital Holdings was able to fundraise $1.11 million so far. That is 58.33% of the fundraising. The total fundraising amount was $1.91 million. The form was filed on 2016-11-29. The reason for the financing was: Total Offering Amount represents price of units (715,520 x C$2.10) plus the exercise price of the warrants (357,760 x C$3.00) underlying the units, converted at C$1.00:US$0.7397. No assurance that the warrants, expiring Nov 17, 2017, will be exercised.. The fundraising still has about $793,905 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Ianthus Capital Holdings is based in New York. The company’s business is not disclosed. The form was filed by JULIUS KALCEVICH CHIEF FINANCIAL OFFICER. The company was incorporated in 2013. The filler’s address is: Suite 300, 420 Lexington Avenue, New York, Ny, New York, 10170. Hadley Ford is the related person in the form and it has address: Suite 300, 420 Lexington Avenue, New York, Ny, New York, 10170. Link to Ianthus Capital Holdings Filing: 000118374016000472.
Analysis of Ianthus Capital Holdings Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Ianthus Capital Holdings sold 58.33% of the offering. The financing is still open. The average financing size for companies in all industries in our database is $3.05 million. The offering was 63.56% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Businesses raise funds for a variety of reasons and needs. The minimum investment for this fundraising is set at $0. If you know more about the reasons for the financing, 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 Ianthus Capital Holdings Also
The Form D signed by JULIUS KALCEVICH might help Ianthus Capital Holdings, 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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