Apprion, Llc, Corporation just released form D for $600,000 debt financing. This is a new filing. Apprion was able to fundraise $500,000. That is 83.33% of the fundraising. The total fundraising amount was $600,000. The offering form was filed on 2016-11-30. The reason for the financing was: unspecified. The fundraising still has about $100,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Apprion is based in Alabama. The company’s business is not disclosed. The SEC form was submitted by David Goldberg Manager. The company was incorporated more than five years ago. The filler’s address is: 3015 47Th St, #E-4, Boulder, Co, Colorado, 80301. David Goldberg is the related person in the form and it has address: 4055 Pinon Drive, Boulder, Co, Colorado, 80303. Link to Apprion Filing: 000169094316000001.
Analysis of Apprion Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Apprion sold 83.33% of the offering. The financing is still open. Could this mean that the trust in Apprion is high? The average financing size for companies in all industries in our database is $3.05 million. The offering was 83.61% smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups raise funds for different needs and reasons. The minimum investment for this fundraising is set at $10. 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 Apprion Also
The Form D signed by David Goldberg might help Apprion, 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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