Ac 19 Financing
Ac 19 Llc, Limited Liability Company just had published form D announcing $2.00 million equity financing. This is a new filing. Ac 19 was able to finance itself with $2.00 million. That is 100.00% of the financing offer. The total private financing amount was $2.00 million. The fundraising form was filed on 2016-10-04. The reason for the financing was: Acquisition Fee.
Ac 19 is based in New York. The firm’s business is Pooled Investment Fund. The SEC form was filed by Christopher Manice Member of Managing Member of Issuer. The company was incorporated in 2016. The filler’s address is: 767 Third Avenue, 4Th Floor, New York, Ny, New York, 10017. Abinger Capital Llc Abinger Capital Llc is the related person in the form and it has address: 767 Third Avenue, 4Th Floor, New York, Ny, New York, 10017. Link to Ac 19 Filing: 000168633116000001.
Analysis of Ac 19 Offering
On average, companies in the Pooled Investment Fund sector, sell 37.80% of the total offering amount. Ac 19 sold 100.00% of the offering. Could this mean that the trust in Ac 19 is high? The average financing size for companies in the Pooled Investment Fund industry is $24.76 million. The offering was 91.92% smaller than the average of $24.76 million. Of course this should not be taken as negative. Startups raise funds for different needs and reasons. The minimum investment for this fundraising 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 Ac 19 Also
The Form D signed by Christopher Manice might help Ac 19 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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