Ph Group Parent $18.73 million Financing. Shawn Morris Published Feb 13 Form D

Ph Group Parent Financing

Ph Group Parent Corp., Corporation just released form D because of $18.73 million equity financing. This is a new filing. Ph Group Parent was able to sell $18.73 million. That is 100.00 % of the fundraising offer. The total private financing amount was $18.73 million. The financing form was filed on 2019-02-13. The reason for the financing was: This filing relates to grants and sales from time to time pursuant to the Amended and Restated PH Group Parent Corp. Stock Option Plan at prices determined at the time of grant. For this purpose, Options are valued at their exercise price..

Ph Group Parent is based in Virginia. The filler’s business is Business Services. The D form was filed by Shawn Morris President. The company was incorporated in 2016. The filler’s address is: 950 Glebe Road, Suite 4000, Arlington, Va, Virginia, 22203. Shawn Morris is the related person in the form and it has address: 950 Glebe Road, Suite 4000, Arlington, Va, Virginia, 22203. Link to Ph Group Parent Filing: 000089534519000099.

Analysis of Ph Group Parent Offering

On average, firms in the Business Services sector, sell 69.04 % of the total offering size. Ph Group Parent sold 100.00 % of the offering. Could this mean that the trust in Ph Group Parent is high? The average offering size for companies in the Business Services industry is $583,000. The total amount raised is 3,112.64 % bigger than the average for companies in the Business Services sector. 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 Ph Group Parent Also

The Form D signed by Shawn Morris might help Ph Group Parent 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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