Form D to Follow: Silbo $250000 Fundraising. Brendan Szulik Published Dec 1 form D

Technology Silbo Inc - Brendan Szulik

Silbo Financing

Silbo Inc, Corporation just submitted form D regarding $250,000 debt financing. This is a new filing. Silbo was able to fundraise $250,000. That is 100.00% of the fundraising offer. The total fundraising amount was $250,000. The fundraising form was filed on 2016-12-01. The reason for the financing was: unspecified.

Silbo is based in North Carolina. The firm’s business is Other Technology. The form was submitted by Brendan Szulik Secretary. The company was incorporated in 2016. The filler’s address is: 5109 Hollyridge Drive, Suite 106, Raleigh, Nc, North Carolina, 27612. Matthew Szulik is the related person in the form and it has address: 5109 Hollyridge Drive, Suite 106, Raleigh, Nc, North Carolina, 27612. Link to Silbo Filing: 000169104816000001.

Analysis of Silbo Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Silbo sold 100.00% of the offering. Could this mean that the trust in Silbo is high? The average offering amount for companies in the Other Technology industry is $1.54 million. The offering was 83.77% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this fundraising is set at $250000. 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 Silbo Also

The Form D signed by Brendan Szulik might help Silbo 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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