East Meet East $4.00 million Fundraising. Mariko Tokioka Filed Aug 11 D Filing

August 11, 2017 - By Adrian Mccoy

East Meet East Financing

East Meet East, Inc., Corporation just had published form D announcing $4.00 million equity financing. This is a new filing. East Meet East was able to sell $3.15 million so far. That is 78.72 % of the round of financing. The total private offering amount was $4.00 million. The form was filed on 2017-08-11. The reason for the financing was: unspecified. The fundraising still has about $852,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

East Meet East is based in New York. The company’s business is Other Technology. The form was submitted by Mariko Tokioka CEO. The company was incorporated in 2013. The filler’s address is: 32 West 39Th Street, Suite 4, New York, Ny, New York, 10018. Mariko Tokioka is the related person in the form and it has address: C/O East Meet East,Inc., 32 West 39Th Street, Suite 4, New York, Ny, New York, 10018. Link to East Meet East Filing: 000161712617000001.

Analysis of East Meet East Offering

On average, companies in the Other Technology sector, sell 85.80 % of the total offering size. East Meet East sold 78.72 % of the offering. The financing is still open. The average investment offering size for companies in the Other Technology industry is $1.54 million. The total amount raised is 104.66 % bigger than the average for companies in the Other Technology sector. 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 East Meet East Also

The Form D signed by Mariko Tokioka might help East Meet East, 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.

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.