Reverse Ionizer $3.00 million Financing. Patrick Hughes Released Feb 12 Filing

February 12, 2018 - By Kurt Siggers

Reverse Ionizer Financing

Reverse Ionizer, Llc, Limited Liability Company just submitted form D regarding $3.00 million equity financing. This is a new filing. Reverse Ionizer was able to sell $1.21 million so far. That is 40.28 % of the financing round. The total financing amount was $3.00 million. The form was filed on 2018-02-12. The reason for the financing was: unspecified. The fundraising still has about $1.79 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Reverse Ionizer is based in Virginia. The filler’s business is Other Technology. The form D was submitted by Patrick Hughes Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 360 Herndon Parkway, Suite 1400, Herndon, Va, Virginia, 20170. Patrick Hughes is the related person in the form and it has address: 360 Herndon Parkway, Suite 1400, Herndon, Va, Virginia, 20170. Link to Reverse Ionizer Filing: 000171593718000001.

Analysis of Reverse Ionizer Offering

On average, firms in the Other Technology sector, sell 85.80 % of the total offering amount. Reverse Ionizer sold 40.28 % of the offering. The financing is still open. The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 21.53 % smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Startups get financed for different reasons and needs. The minimum investment for this offering was set at $10000. 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 Reverse Ionizer Also

The Form D signed by Patrick Hughes might help Reverse Ionizer, 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.

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