By Octastaff
Cartiva, Inc., Corporation just filed form D regarding $8.50 million financing. Cartiva, Inc. was able to sell $6.00 million. That is 70.59% of the offering. The total offering amount was $8.50 million. The reason for the financing was: unspecified.
Cartiva, Inc. is based in Georgia. The filer’s business is Other Health Care. The form was signed by Peter J. Pizzo, III Chief Financial Officer.
What is Form D & Financing Information 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.
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