Form D to Follow Consolidated Fasteners $1.10 million Fundraising. Timothy EN Terry Filed Oct 4 SEC form

Consolidated Fasteners, Llc - Timothy EN Terry

Consolidated Fasteners Financing

Consolidated Fasteners, Llc, Limited Liability Company just filed form D regarding $1.10 million equity and debt financing. This is a new filing. Consolidated Fasteners was able to sell $1.10 million. That is 100.00% of the financing offer. The total fundraising amount was $1.10 million. This form was filed on 2016-10-04. The reason for the financing was: unspecified.

Consolidated Fasteners is based in Alabama. The filler’s business is not disclosed. The form D was signed by Timothy EN Terry Manager. The company was incorporated more than five years ago. The filler’s address is: 110 Woodland Avenue, Lexington, Ky, Kentucky, 40502. Timothy E.N. Terry is the related person in the form and it has address: 110 Woodland Avenue, Lexington, Ky, Kentucky, 40502. Link to Consolidated Fasteners Filing: 000168647116000001.

Analysis of Consolidated Fasteners Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Consolidated Fasteners sold 100.00% of the offering. Could this mean that the trust in Consolidated Fasteners is high? The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 63.93% smaller than the average of $3.05 million. Of course this should not be seen as negative. Companies raise funds for different needs and reasons. The minimum investment for this offering was set at $45000. 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 Consolidated Fasteners Also

The Form D signed by Timothy EN Terry might help Consolidated Fasteners, 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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