Investor Cash Management Holdings $7.00 million Financing. Fred P Phillips IV Submitted Sep 7 form D

September 7, 2018 - By Catherine Diaz

Investor Cash Management Holdings Financing

Investor Cash Management Holdings, Inc., Corporation just filed form D for $7.00 million equity financing. This is a new filing. Investor Cash Management Holdings was able to sell $6.00 million. That is 85.71 % of the financing round. The total financing amount was $7.00 million. The private financing document was filed on 2018-09-07. The reason for the financing was: unspecified. The fundraising still has about $1.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Investor Cash Management Holdings is based in Alabama. The filler’s business is Other Technology. The form was signed by Fred P Phillips IV Chief Executive Officer. The company was incorporated in 2018. The filler’s address is: 147 Whispering Woods, Guilford, Ct, Connecticut, 06437. Fred P. Phillips is the related person in the form and it has address: 147 Whispering Woods, Guilford, Ct, Connecticut, 06437. Link to Investor Cash Management Holdings Filing: 000175214718000002.

Analysis of Investor Cash Management Holdings Offering

On average, companies in the Other Technology sector, sell 85.80 % of the total offering size. Investor Cash Management Holdings sold 85.71 % 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 289.61 % bigger than the average for companies in the Other Technology sector. The minimum investment for this financing 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 Investor Cash Management Holdings Also

The Form D signed by Fred P Phillips IV might help Investor Cash Management Holdings, 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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