Gateway Ambulatory Surgery Center filed form D, $91,951 in equity finance: 5 notes

Gateway Ambulatory Surgery Center recently submitted form D and sold for equity financing of $91,951 on June 9, 2015.

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Here are five facts:

 

1. The center was able to sell 100 percent of the financing offer with the private financing amounting to $91,951. Most firms in the hospitals and physicians sector sell 37.5 percent of the total offering size.

 

2. The form was filed because the process will provide working capital for the Issuer, some of which could potentially be used to pay compensation to executive officers.

 

3. The offering for Gateway was 23.37 percent smaller than the average of $120,000.

 

4. The minimum investment for the offer was set at $49,975.00.

 

5. The odds are higher for Gateway to stay in business after the signing of Form D because customers will feel secure in a company that is well financed.

 

For more news:

3 questions answered on hospital-ASC joint ventures

Selling your ASC: 3 critical considerations

Jersey City Medical Center opens urgent care center — 7 notes

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