Inkshares, Inc., Corporation just filed form D for $865,000 equity financing. This is a new filing. Inkshares was able to fundraise $865,000. That is 100.00 % of the fundraising. The total private offering amount was $865,000. The private financing document was filed on 2016-01-07. The reason for the financing was: unspecified.
Inkshares is based in California. The firm’s business is Other Technology. The SEC form was signed by Stephen L Englert Jr Attorney. The company was incorporated in 2013. The filler’s address is: 71 Stevenson Street, San Francisco, Ca, California, 94105. Lawrence Levitsky is the related person in the form and it has address: 1742 11Th Avenue, San Francisco, Ca, California, 94122. Link to Inkshares Filing: 000159542816000002.
Analysis of Inkshares Offering
On average, startups in the Other Technology sector, sell 85.80 % of the total offering amount. Inkshares sold 100.00 % of the offering. Could this mean that the trust in Inkshares is high? The average investment offering size for companies in the Other Technology industry is $1.54 million. The offering was 43.83 % smaller than the average of $1.54 million. Of course this should not be seen as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this fundraising is set at $5000. 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 Inkshares Also
The Form D signed by Stephen L Englert Jr might help Inkshares, 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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