Stem Wine Company Financing
Stem Wine Company, Llc, Limited Liability Company just released form D for $700,000 equity financing. This is a new filing. Stem Wine Company was able to sell $134,375 so far. That is 19.20% of the offering. The total offering amount was $700,000. The financing document was filed on 2016-10-04. The reason for the financing was: unspecified. The fundraising still has about $565,625 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Stem Wine Company is based in Arizona. The filler’s business is not disclosed. The D form was signed by Ryan McLaughlin Executive Vice President of Operations. The company was incorporated in 2014. The filler’s address is: 3845 E. Heatherbrae Drive, Phoenix, Az, Arizona, 85018. Ryan Mclaughlin is the related person in the form and it has address: 3845 E. Heatherbrae Drive, Phoenix, Az, Arizona, 85018. Link to Stem Wine Company Filing: 000168593616000001.
Analysis of Stem Wine Company Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Stem Wine Company sold 19.20% of the offering. The financing is still open. The average offering size for companies in all industries in our database is $3.05 million. The offering was 95.59% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this offering was set at $0. If you know more about the reasons for the fundraising, 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 Stem Wine Company Also
The Form D signed by Ryan McLaughlin might help Stem Wine Company, Llc’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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