Biocrude Technologies Usa Financing
Biocrude Technologies Usa, Inc., Corporation just filed form D because of $35.00 million equity financing. This is a new filing. Biocrude Technologies Usa, Inc. is expected to finance itself with $35.00 million in this financing round. The total private financing amount was $35.00 million. The private financing document was filed on 2016-11-28. The reason for the financing was: unspecified. The fundraising still has about $35.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Biocrude Technologies Usa is based in Alabama. The firm’s business is Environmental Services. The form was signed by John Moukas CEO / CHAIRMAN. The company was incorporated in 2015. The filler’s address is: 1255 Phillips Square, Suite 605, Montreal, A8, Quebec, Canada, H3b 3G5. John Moukas is the related person in the form and it has address: 465 88Th Avenue, Laval, A8, Quebec, Canada, H7w 3G1. Link to Biocrude Technologies Usa Filing: 000161577416008640.
Analysis of Biocrude Technologies Usa Offering
On average, firms in the Environmental Services sector, sell 68.00% of the total offering size. Biocrude Technologies Usa sold 0.00% of the offering. The financing is still open. The average investment size for companies in the Environmental Services industry is $541,000. The offering was 100.00% smaller than the average of $541,000. Of course this should not be seen as negative. Businesses raise funds for different reasons and needs. The minimum investment for this financing 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 Biocrude Technologies Usa Also
The Form D signed by John Moukas might help Biocrude Technologies Usa, 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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