Walden The Movie Financing
Walden The Movie Llc, Limited Liability Company just released form D for $1.30 million equity financing. This is a new filing. Walden The Movie was able to finance itself with $800,000 so far. That is 61.54% of the round of financing. The total private offering amount was $1.30 million. The fundraising form was filed on 2016-10-05. The reason for the financing was: Member Managers will also perform services in the making of the film and will be compensated, i.e., director, producer, writer, composer.. The fundraising still has about $500,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Walden The Movie is based in Colorado. The company’s business is not disclosed. The form D was submitted by Mitch Dickman Member Manager. The company was incorporated in 2013. The filler’s address is: 2020 E. 31St Street, Denver, Co, Colorado, 80205. Mitch Dickman is the related person in the form and it has address: 2020 E. 31St Street, Denver, Co, Colorado, 80205. Link to Walden The Movie Filing: 000168480416000001.
Analysis of Walden The Movie Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Walden The Movie sold 61.54% of the offering. The fundraising is still open. The average financing size for companies in all industries in our database is $3.05 million. The offering was 73.77% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Companies raise funds for different reasons and needs. The minimum investment for this offering is set at $100000. 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 Walden The Movie Also
The Form D signed by Mitch Dickman might help Walden The Movie 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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