Colonarysolutions $6.00 million Fundraising. Herbert B Stern Published Mar 14 Form D

March 14, 2018 - By Vivian Park

Colonarysolutions Financing

Colonarysolutions, Llc, Limited Liability Company just had published form D regarding $6.00 million equity financing. This is a new filing. Colonarysolutions was able to fundraise $999,999 so far. That is 16.67 % of the fundraising. The total private financing amount was $6.00 million. The fundraising form was filed on 2018-03-14. The reason for the financing was: unspecified. The fundraising still has about $5.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Colonarysolutions is based in Florida. The company’s business is Biotechnology. The form D was filed by Herbert B Stern Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: 103 San Marco Drive, Palm Beach Gardens, Fl, Florida, 33418. Herbert Stern is the related person in the form and it has address: C/O Colonarysolutions, Llc, 103 San Marco Drive, Palm Beach Gardens, Fl, Florida, 33418. Link to Colonarysolutions Filing: 000172848618000004.

Analysis of Colonarysolutions Offering

On average, startups in the Biotechnology sector, sell 73.77 % of the total offering amount. Colonarysolutions sold 16.67 % of the offering. The fundraising is still open. The average investment offering size for companies in the Biotechnology industry is $3.08 million. The offering was 67.53 % smaller than the average of $3.08 million. Of course this should not be seen as negative. Firms get financed for a variety of reasons and needs. The minimum investment for this offering was 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 Colonarysolutions Also

The Form D signed by Herbert B Stern might help Colonarysolutions, 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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