Scsw $1.50 million Financing. Josh Kornoff Submitted May 8 Filing

Scsw Financing

Scsw, Inc., Corporation just released form D about $1.50 million equity financing. This is a new filing. Scsw, Inc. is expected to sell $1.50 million in this round of financing. The total private offering amount was $1.50 million. The offering form was filed on 2019-05-08. The reason for the financing was: unspecified. The fundraising still has about $1.50 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Scsw is based in California. The company’s business is not disclosed. The form was signed by Josh Kornoff President. The company was incorporated in 2019. The filler’s address is: 7242 Heil Avenue, Huntington Beach, Ca, California, 92647. Josh Kornoff is the related person in the form and it has address: 7242 Heil Avenue, Huntington Beach, Ca, California, 92647. Link to Scsw Filing: 000177287919000001.

Analysis of Scsw Offering

On average, companies in the not disclosed sector, sell 67.77 % of the total offering size. Scsw sold 0.00 % of the offering. The financing 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 taken as negative. Firms get financed for a variety of reasons and needs. The minimum investment for this fundraising was set at $25000. 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 Scsw Also

The Form D signed by Josh Kornoff might help Scsw, 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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