Whitetail Investors Financing
Whitetail Investors, Llc, Limited Liability Company just filed form D announcing $5.43 million equity financing. This is a new filing. Whitetail Investors, Llc is expected to sell $5.43 million in this round of financing. The total private offering amount was $5.43 million. The financing document was filed on 2016-09-26. The reason for the financing was: The sales commission percentage is 7.0%, and the managing dealer fee is 3.5%. If the maximum offering is raised, the Issuer would pay a maximum amount of $570,045 in commission and fees.. The fundraising still has about $5.43 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Whitetail Investors is based in Georgia. The firm’s business is Other Real Estate. The D form was submitted by Raymond Demott Member of Land Investors, LLC. The company was incorporated in 2016. The filler’s address is: 151 Telfair Rd., Savannah, Ga, Georgia, 31415. Raymond Demott is the related person in the form and it has address: 151 Telfair Rd., Savannah, Ga, Georgia, 31415. Link to Whitetail Investors Filing: 000168581316000001.
Analysis of Whitetail Investors Offering
On average, startups in the Other Real Estate sector, sell 100.00% of the total offering amount. Whitetail Investors sold 0.00% of the offering. The financing is still open. The average fundraising amount for companies in the Other Real Estate industry is $931,000. The offering was 100.00% smaller than the average of $931,000. Of course this should not be seen as negative. Firms get financed for a variety of reasons and needs. The minimum investment for this offering is set at $50000. 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 Whitetail Investors Also
The Form D signed by Raymond Demott might help Whitetail Investors, 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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