Form D Reporting Newburyport Brewing Co $1.00 million Financing. Christopher Webb Submitted Oct 4 Form D


Manufacturing Newburyport Brewing Co - Christopher Webb

Newburyport Brewing Co Financing

Newburyport Brewing Co, Corporation just released form D for $1.00 million equity financing. The date of first sale was 2015-10-28. Newburyport Brewing Co was able to finance itself with $435,000 so far. That is 43.50% of the fundraising. The total financing amount was $1.00 million. The form was filed on 2016-10-04. The reason for the financing was: unspecified. The fundraising still has about $565,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Newburyport Brewing Co is based in Massachusetts. The company’s business is Manufacturing. The SEC form was submitted by Christopher Webb Chief Executive Officer. The company was incorporated in 2012. The filler’s address is: 4 New Pasture Road, Newburyport, Ma, Massachusetts, 01950. Christopher Webb is the related person in the form and it has address: C/O Newburyport Brewing Company, 4 New Pasture Road, Newburyport, Ma, Massachusetts, 01950. Link to Newburyport Brewing Co Filing: 000155642916000005.

Analysis of Newburyport Brewing Co Offering

On average, companies in the Manufacturing sector, sell 59.50% of the total offering size. Newburyport Brewing Co sold 43.50% of the offering. The financing is still open. The average offering size for companies in the Manufacturing industry is $763,000. The offering was 42.99% smaller than the average of $763,000. Of course this should not be interpreted as negative. Firms raise funds for different reasons and needs. The minimum investment for this fundraising is set at $0. If you know more about the reasons for the financing, 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 Newburyport Brewing Co Also

The Form D signed by Christopher Webb might help Newburyport Brewing Co’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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