Kneron $18.00 million Fundraising. Chun-Chen Liu Submitted Apr 17 Form D

April 17, 2018 - By Richard Conner

Kneron Financing

Kneron, Inc., Corporation just had published form D regarding $18.00 million equity financing. This is a new filing. Kneron, Inc. is expected to fundraise $18.00 million in this round of financing. The total private offering amount was $18.00 million. The fundraising form was filed on 2018-04-17. The reason for the financing was: unspecified. The fundraising still has about $18.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Kneron is based in California. The company’s business is Other Technology. The SEC form was signed by Chun-Chen Liu Chief Executive Officer. The company was incorporated in 2015. The filler’s address is: 6725 Mesa Ridge Road, Suite 102, San Diego, Ca, California, 92121. Chun-Chen Liu is the related person in the form and it has address: 6725 Mesa Ridge Road, Suite 102, San Diego, Ca, California, 92121. Link to Kneron Filing: 000172342118000001.

Analysis of Kneron Offering

On average, companies in the Other Technology sector, sell 85.80 % of the total offering amount. Kneron sold 0.00 % of the offering. The financing is still open. The average fundraising amount for companies in the Other Technology industry is $1.54 million. The offering was 100.00 % smaller than the average of $1.54 million. Of course this should not be seen as negative. Firms get financed for different needs and reasons. The minimum investment for this fundraising was 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 Kneron Also

The Form D signed by Chun-Chen Liu might help Kneron, 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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