Peiky $60000 Fundraising. Peter Simeon Released Aug 15 Filing

Peiky Financing

Peiky Corp., Corporation just filed form D announcing $60,000 equity financing. This is a new filing. Peiky was able to fundraise $60,000. That is 100.00 % of the financing offer. The total private offering amount was $60,000. The offering form was filed on 2019-08-15. The reason for the financing was: unspecified.

Peiky is based in Ontario – Canada. The firm’s business is not disclosed. The D form was submitted by Peter Simeon Secretary. The company was incorporated in 2019. The filler’s address is: 100 King Street West, Suite 1600, Toronto, A6, Ontario, Canada, M5x 1G5. Peter Simeon is the related person in the form and it has address: 100 King Street West, Suite 1600, Toronto, A6, Ontario, Canada, M5x 1G5. Link to Peiky Filing: 000106299319003466.

Analysis of Peiky Offering

On average, startups in the not disclosed sector, sell 67.77 % of the total offering size. Peiky sold 100.00 % of the offering. Could this mean that the trust in Peiky is high? The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 98.03 % smaller than the average of $3.05 million. Of course this should not be seen as negative. Startups raise funds for different 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 Peiky Also

The Form D signed by Peter Simeon might help Peiky Corp.’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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