Super League Gaming $15.00 million Financing. Ann Hand Published Jul 15 Form D

July 18, 2017 - By wolcottdaily

Super League Gaming Financing

Super League Gaming, Inc., Corporation just had published form D because of $15.00 million equity financing. The date of first sale was 2016-10-24. Super League Gaming, Inc. is expected to sell $15.00 million in this financing round. The total financing amount was $15.00 million. The financing document was filed on 2017-07-15. The reason for the financing was: unspecified. The fundraising still has about $15.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Super League Gaming is based in California. The company’s business is not disclosed. The form was signed by Ann Hand CEO & President. The company was incorporated in 2014. The filler’s address is: 2906 Colorado Ave., Santa Monica, Ca, California, 90404. Ann Hand is the related person in the form and it has address: 2906 Colorado Ave., Santa Monda, Ca, California, 90404. Link to Super League Gaming Filing: 000162167217000002.

Analysis of Super League Gaming Offering

On average, companies in the not disclosed sector, sell 67.77 % of the total offering amount. Super League Gaming sold 0.00 % of the offering. The fundraising is still open. The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 100.00 % smaller than the average of $3.05 million. Of course this should not be seen as negative. Firms raise funds for different needs and reasons. The minimum investment for this offering is set at $8000. 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 Super League Gaming Also

The Form D signed by Ann Hand might help Super League Gaming, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.