St. Louis Specialty Surgical Center published form D financing, according to an Octa Finance report.
Here are five key notes:
1. The surgery center published form D for $700,000 equity financing.
2. The ASC plans to use proceeds for working capital and general corporate purposes. This could include payments to officers and managers.
3. Phillip R. Stanton submitted the Form D with David Horace as the "related person" in the form.
4. The fundraising is not yet closed.
5. The average investment for companies in the healthcare sector is around $1.16 million, according to the report. The minimum investment for this for this financing was $35,000.