Kinetic Pressure Control Financing
Kinetic Pressure Control Ltd, Corporation just filed form D for $999,999 equity financing. The date of first sale was 2016-03-31. Kinetic Pressure Control was able to fundraise $999,999. That is 100.00% of the financing round. The total private financing amount was $999,999. The fundraising form was filed on 2016-12-01. The reason for the financing was: unspecified.
Kinetic Pressure Control is based in Texas. The filler’s business is Oil and Gas. The D form was signed by Steven Angstmann CEO. The company was incorporated in 2016. The filler’s address is: 410 Pierce Street, Suite 330, Houston, Tx, Texas, 77002. Steven Anthony Angstmann is the related person in the form and it has address: 4010 Falkirk Ln, Houston, Tx, Texas, 77025. Link to Kinetic Pressure Control Filing: 000167758816000003.
Analysis of Kinetic Pressure Control Offering
On average, startups in the Oil and Gas sector, sell 13.77% of the total offering amount. Kinetic Pressure Control sold 100.00% of the offering. Could this mean that the trust in Kinetic Pressure Control is high? The average investment floor size for companies in the Oil and Gas industry is $227,000. The total amount raised is 340.53% bigger than the average for companies in the Oil and Gas sector. The minimum investment for this financing was set at $35000. 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 Kinetic Pressure Control Also
The Form D signed by Steven Angstmann might help Kinetic Pressure Control Ltd’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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