Form D Coverage: Hattiesburg Hospitality Hi $3.25 million Fundraising. Clay W Escude Released Oct 5 Form D

Lodging and Conventions Hattiesburg Hospitality Hi, Llc - Clay W Escude

Hattiesburg Hospitality Hi Financing

Hattiesburg Hospitality Hi, Llc, Limited Liability Company just released form D about $3.25 million equity financing. This is a new filing. Hattiesburg Hospitality Hi was able to finance itself with $250,000 so far. That is 7.69% of the financing offer. The total offering amount was $3.25 million. The fundraising form was filed on 2016-10-05. The reason for the financing was: unspecified. The fundraising still has about $3.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Hattiesburg Hospitality Hi is based in Mississippi. The firm’s business is Lodging and Conventions. The SEC form was signed by Clay W Escude Attorney duly authorized by the Manager of the Issuer.. The company was incorporated in 2016. The filler’s address is: 11 Parkway Boulevard, Hattiesburg, Ms, Mississippi, 39401. Otc Hospitality, Llc A Mississippi Limited Liability Company is the related person in the form and it has address: 11 Parkway Boulevard, Hattiesburg, Ms, Mississippi, 39401. Link to Hattiesburg Hospitality Hi Filing: 000167202316000001.

Analysis of Hattiesburg Hospitality Hi Offering

On average, companies in the Lodging and Conventions sector, sell 27.00% of the total offering amount. Hattiesburg Hospitality Hi sold 7.69% of the offering. The financing is still open. The average offering amount for companies in the Lodging and Conventions industry is $693,000. The offering was 63.92% smaller than the average of $693,000. Of course this should not be seen as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this offering is 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 Hattiesburg Hospitality Hi Also

The Form D signed by Clay W Escude might help Hattiesburg Hospitality Hi, 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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