Whistle Sports $8.10 million Fundraising. Susan E Pravda Released Jun 13 form

June 13, 2018 - By Jimmy Baldridge

Whistle Sports Financing

Whistle Sports, Inc., Corporation just released form D regarding $8.10 million debt financing. This is a new filing. Whistle Sports was able to sell $8.10 million. That is 100.00 % of the financing round. The total private financing amount was $8.10 million. The form was filed on 2018-06-13. The reason for the financing was: unspecified.

Whistle Sports is based in New York. The firm’s business is not disclosed. The SEC form was submitted by Susan E Pravda Secretary. The company was incorporated more than five years ago. The filler’s address is: 79 Madison Avenue, 9Th Floor, New York, Ny, New York, 10016. John J. West, Jr. is the related person in the form and it has address: 79 Madison Avenue, 9Th Floor, New York, Ny, New York, 10016. Link to Whistle Sports Filing: 000089706918000417.

Analysis of Whistle Sports Offering

On average, firms in the not disclosed sector, sell 67.77 % of the total offering amount. Whistle Sports sold 100.00 % of the offering. Could this mean that the trust in Whistle Sports is high? The average investment offering size for companies in all industries in our database is $3.05 million. The total amount raised is 165.69 % bigger than the average for companies in the database. The minimum investment for this offering is set at $0. 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 Whistle Sports Also

The Form D signed by Susan E Pravda might help Whistle Sports, 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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