Netshield $900000 Fundraising. Nicolas K Unger Filed Sep 13 Form D

Netshield Financing

Netshield Corp, Corporation just submitted form D about $900,000 equity financing. The date of first sale was 2019-03-13. Netshield was able to sell $489,930 so far. That is 54.44 % of the round of financing. The total offering amount was $900,000. The form was filed on 2019-09-13. The reason for the financing was: unspecified. The fundraising still has about $410,070 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Netshield is based in New Hampshire. The firm’s business is Other Technology. The D form was submitted by Nicolas K Unger Chief Executive Officer. The company was incorporated in 2015. The filler’s address is: Ten Tara Boulevard, Suite 140, Nashua, Nh, New Hampshire, 03062. Nicholas K. Unger is the related person in the form and it has address: Ten Tara Boulevard, Suite 140, Nashua, Nh, New Hampshire, 03062. Link to Netshield Filing: 000160178819000004.

Analysis of Netshield Offering

On average, startups in the Other Technology sector, sell 85.80 % of the total offering size. Netshield sold 54.44 % of the offering. The fundraising is still open. The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 68.19 % smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Companies get financed for a variety of reasons and needs. The minimum investment for this financing was set at $10000. 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 Netshield Also

The Form D signed by Nicolas K Unger might help Netshield Corp’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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