Hoolux Medical disclosed selling $360,000 worth of equity securities as part of financing round. The equity securities, which started to sell a year ago, were bought by eight investors. The offering’s structure suggests the placement was scheduled to close before May 2014. Until this disclosure Hoolux Medical had raised an estimated $285,000 in unregistered securities via one previous financing round.
Hoolux Medical markets and develops a point-of-care advertising platform for physicians and pharmaceutical advertisers. The screens installed in physicians waiting rooms uses facial recognition technology to deliver advertising messages to the target audience and precisely report data to advertisers.
The company was registered in 2013 and has its headquarters located in Brooklyn NY. No revenues were reported by the company.
The executive team includes Ian Gallagher.
The company has raised an estimated total of $645,000 via private unregistered security offerings.
Company: Hoolux Medical
Industry: Other Technology
Amount offered: N/A
Amount placed: $360,000
First sale: 05-23-2014
Data as of: 05-27-2014