Taurus Cd 187 Riverbend Portfolio Tx Financing
Taurus Cd 187 Riverbend Portfolio Tx Lp, Limited Partnership just had published form D about $20.70 million equity financing. This is a new filing. Taurus Cd 187 Riverbend Portfolio Tx was able to sell $7.59 million so far. That is 36.67% of the financing offer. The total fundraising amount was $20.70 million. The financing document was filed on 2016-10-04. The reason for the financing was: Certain persons named in Item 3 or affiliates thereof may receive payments deemed to be made from the proceeds of the offering. The amount of such payments cannot be estimated at this time.. The fundraising still has about $13.11 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Taurus Cd 187 Riverbend Portfolio Tx is based in Massachusetts. The company’s business is Commercial. The D form was signed by Linda Kassof Manager of General Partner of the Issuer. The company was incorporated in 2016. The filler’s address is: 22 Batterymarch Street, 6Th Floor, Boston, Ma, Massachusetts, 02109. Peter Merrigan is the related person in the form and it has address: 22 Batterymarch Street, 6Th Floor, Boston, Ma, Massachusetts, 02109. Link to Taurus Cd 187 Riverbend Portfolio Tx Filing: 000154692716000528.
Analysis of Taurus Cd 187 Riverbend Portfolio Tx Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering size. Taurus Cd 187 Riverbend Portfolio Tx sold 36.67% of the offering. The financing is still open. The average financing size for companies in the Commercial industry is $1.60 million. The total amount raised is 374.38% bigger than the average for companies in the Commercial sector. The minimum investment for this fundraising is set at $25000. 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 Taurus Cd 187 Riverbend Portfolio Tx Also
The Form D signed by Linda Kassof might help Taurus Cd 187 Riverbend Portfolio Tx Lp’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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