Polycharge America $7.00 million Fundraising. Angelo Yializis Filed Jan 12 SEC Filing

January 12, 2018 - By Winifred Garcia

Polycharge America Financing

Polycharge America, Inc., Limited Liability Company just had published form D about $7.00 million equity and debt financing. This is a new filing. Polycharge America was able to finance itself with $7.00 million. That is 100.00 % of the offering. The total offering amount was $7.00 million. The private financing document was filed on 2018-01-12. The reason for the financing was: unspecified.

Polycharge America is based in Arizona. The firm’s business is not disclosed. The D form was submitted by Angelo Yializis Chief Executive Officer. The company was incorporated in 2017. The filler’s address is: 10960 N. Stallard Pl., Tucson, Az, Arizona, 85737. Angelo Yializis is the related person in the form and it has address: 10960 N. Stallard Pl., Tucson, Az, Arizona, 85737. Link to Polycharge America Filing: 000172790718000001.

Analysis of Polycharge America Offering

On average, firms in the not disclosed sector, sell 67.77 % of the total offering size. Polycharge America sold 100.00 % of the offering. Could this mean that the trust in Polycharge America is high? The average offering size for companies in all industries in our database is $3.05 million. The total amount raised is 129.51 % bigger than the average for companies in the database. The minimum investment for this offering is set at $7000000. 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 Polycharge America Also

The Form D signed by Angelo Yializis might help Polycharge America, 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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