Metamusic Inc., Corporation just had published form D regarding $1,000 equity financing. This is a new filing. Metamusic was able to sell $1,000. That is 100.00 % of the financing offer. The total private offering amount was $1,000. The fundraising form was filed on 2016-02-02. The reason for the financing was: unspecified.
Metamusic is based in Alabama. The company’s business is not disclosed. The D form was signed by Yushen Han CEO. The company was incorporated in 2016. The filler’s address is: 1894 Sunsent Ridge Terrace, Henderson, Nv, Nevada, 89012. Yushen Han is the related person in the form and it has address: 1894 Sunset Ridge Terrace, Henderson, Nv, Nevada, 89012. Link to Metamusic Filing: 000166487716000001.
Analysis of Metamusic Offering
On average, companies in the not disclosed sector, sell 67.77 % of the total offering size. Metamusic sold 100.00 % of the offering. Could this mean that the trust in Metamusic is high? The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 99.97 % smaller than the average of $3.05 million. Of course this should not be seen as negative. Companies get financed for different needs and reasons. 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 Metamusic Also
The Form D signed by Yushen Han might help Metamusic 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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