Potential Labs Financing
Potential Labs, Llc, Limited Liability Company just submitted form D because of $750,000 debt financing. This is a new filing. Potential Labs was able to sell $100,000 so far. That is 13.33% of the financing offer. The total private offering amount was $750,000. The offering form was filed on 2016-10-05. The reason for the financing was: unspecified. The fundraising still has about $650,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Potential Labs is based in Ohio. The firm’s business is Computers. The form was submitted by Ben Lachman Member & Manager. The company was incorporated in 2014. The filler’s address is: 101 South May Ave, Athens, Oh, Ohio, 45701. Ben Lachman is the related person in the form and it has address: 101 South May Ave, Athens, Oh, Ohio, 45701. Link to Potential Labs Filing: 000168633816000001.
Analysis of Potential Labs Offering
On average, companies in the Computers sector, sell 85.30% of the total offering amount. Potential Labs sold 13.33% of the offering. The fundraising is still open. The average financing size for companies in the Computers industry is $130,000. The offering was 23.08% smaller than the average of $130,000. Of course this should not be seen as negative. Firms get financed for a variety of needs and reasons. The minimum investment for this offering is set at $10000. 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 Potential Labs Also
The Form D signed by Ben Lachman might help Potential Labs, 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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