Modern Dental Services Financing
Modern Dental Services, Lp, Limited Partnership just filed form D about $5.00 million equity financing. This is a new filing. Modern Dental Services, Lp is expected to finance itself with $5.00 million in this fundraising. The total financing amount was $5.00 million. This form was filed on 2016-11-30. The reason for the financing was: unspecified. The fundraising still has about $5.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Modern Dental Services is based in Texas. The firm’s business is Other Health Care. The form was filed by MATTHEW J HALE MANAGER OF GENERAL PARTNER. The company was incorporated in 2014. The filler’s address is: 2711 Lbj Freeway, Suite 122, Dallas, Tx, Texas, 75234. Modern Ds Gp, Llc is the related person in the form and it has address: 2711 Lbj Freeway, Suite 122, Dallas, Tx, Texas, 75234. Link to Modern Dental Services Filing: 000114036116088294.
Analysis of Modern Dental Services Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering amount. Modern Dental Services sold 0.00% of the offering. The financing is still open. The average financing size for companies in the Other Health Care industry is $1.16 million. The offering was 100.00% smaller than the average of $1.16 million. Of course this should not be seen as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this financing 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 Modern Dental Services Also
The Form D signed by MATTHEW J HALE might help Modern Dental Services, Lp’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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