Phase2body Inc. $1.20 million Financing. David L Korsunsky Submitted Sep 10 Form D

Phase2body Inc. Financing

Phase2body, Inc., Corporation just had published form D for $1.20 million debt financing. The date of first sale was 2014-11-24. Phase2body Inc. was able to sell $1.20 million. That is 100.00 % of the offering. The total financing amount was $1.20 million. The private financing document was filed on 2019-09-10. The reason for the financing was: unspecified.

Phase2body Inc. is based in Florida. The company’s business is not disclosed. The D form was signed by David L Korsunsky Chief Executive Officer and President. The company was incorporated in 2014. The filler’s address is: 4400 N. Scottsdale Road, Suite 9445, Scottsdale, Az, Arizona, 85251. David L. Korsunsky is the related person in the form and it has address: 4400 N. Scottsdale Road, Suite 9445, Scottsdale, Az, Arizona, 85251. Link to Phase2body Inc. Filing: 000162640819000003.

Analysis of Phase2body Inc. Offering

On average, startups in the not disclosed sector, sell 67.77 % of the total offering size. Phase2body Inc. sold 100.00 % of the offering. Could this mean that the trust in Phase2body Inc. is high? The average offering size for companies in all industries in our database is $3.05 million. The offering was 60.66 % smaller than the average of $3.05 million. Of course this should not be taken as negative. Firms raise funds for a variety of needs and reasons. 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 Phase2body Inc. Also

The Form D signed by David L Korsunsky might help Phase2body, 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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