Centrose $1.00 million Financing. James Prudent Released Aug 10 D Filing

August 11, 2017 - By Marie Mckinney

Centrose Financing

Centrose Llc, Limited Liability Company just released form D for $1.00 million equity financing. This is a new filing. Centrose was able to sell $200,000 so far. That is 20.00 % of the financing round. The total fundraising amount was $1.00 million. The fundraising form was filed on 2017-08-10. The reason for the financing was: Estimated CEO Salary for 12 month period. Does not include any equity compensation that may be offered.. The fundraising still has about $800,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Centrose is based in Kentucky. The firm’s business is Pharmaceuticals. The form D was signed by James Prudent CEO. The company was incorporated more than five years ago. The filler’s address is: 918 Deming Way, Suite 100, Madison, Wi, Wisconsin, 53717. James Prudent is the related person in the form and it has address: 918 Deming Way, Suite 100, Madison, Wi, Wisconsin, 53717. Link to Centrose Filing: 000141242817000001.

Analysis of Centrose Offering

On average, firms in the Pharmaceuticals sector, sell 60.90 % of the total offering amount. Centrose sold 20.00 % of the offering. The fundraising is still open. The average fundraising size for companies in the Pharmaceuticals industry is $556,000. The offering was 64.03 % smaller than the average of $556,000. Of course this should not be interpreted as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing 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 Centrose Also

The Form D signed by James Prudent might help Centrose Llc’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.