Ftw Media $50 Financing. Avner Ronen Released Jan 12 form

January 12, 2018 - By Max Morgan

Ftw Media Financing

Ftw Media, Inc., Corporation just filed form D about $50 equity financing. This is a new filing. Ftw Media was able to sell $25 so far. That is 50.00 % of the fundraising offer. The total financing amount was $50. The offering form was filed on 2018-01-12. The reason for the financing was: unspecified. The fundraising still has about $25 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Ftw Media is based in New York. The company’s business is Other Technology. The form was signed by Avner Ronen President and Chief Executive Officer. The company was incorporated in 2017. The filler’s address is: 163 Hungry Hollow Road, Chestnut Ridge, Ny, New York, 10977. Avner Ronen is the related person in the form and it has address: 163 Hungry Hollow Road, Chestnut Ridge, Ny, New York, 10977. Link to Ftw Media Filing: 000172809118000001.

Analysis of Ftw Media Offering

On average, startups in the Other Technology sector, sell 85.80 % of the total offering amount. Ftw Media sold 50.00 % of the offering. The fundraising is still open. The average investment floor size 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. Businesses raise funds for a variety of needs and reasons. The minimum investment for this financing 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 Ftw Media Also

The Form D signed by Avner Ronen might help Ftw Media, 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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