Pinnacle North Dallas Financing
Pinnacle North Dallas Llc, Limited Liability Company just had published form D because of $12.00 million equity financing. This is a new filing. Pinnacle North Dallas was able to sell $12.00 million. That is 100.00% of the fundraising offer. The total private offering amount was $12.00 million. The financing document was filed on 2016-10-04. The reason for the financing was: unspecified.
Pinnacle North Dallas is based in Alabama. The company’s business is Other Real Estate. The form was filed by Bharat K Lall Manager of Lall Hospitality, LLC, Manager of Filer. The company was incorporated in 2016. The filler’s address is: 8369 Vickers Street, Suite 101, San Diego, Ca, California, 92111. Bharat K Lall is the related person in the form and it has address: 8369 Vickers Street, Suite 101, San Diego, Ca, California, 92111. Link to Pinnacle North Dallas Filing: 000168596216000001.
Analysis of Pinnacle North Dallas Offering
On average, startups in the Other Real Estate sector, sell 100.00% of the total offering amount. Pinnacle North Dallas sold 100.00% of the offering. Could this mean that the trust in Pinnacle North Dallas is high? The average financing size for companies in the Other Real Estate industry is $931,000. The total amount raised is 1,188.94% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this fundraising is set at $50000. 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 Pinnacle North Dallas Also
The Form D signed by Bharat K Lall might help Pinnacle North Dallas 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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