Form D Action: G3k Villa Maria $330000 Financing. Glen Kurisingal Filed Oct 6 Filing

Residential G3k Villa Maria, Llc - Glen Kurisingal

G3k Villa Maria Financing

G3k Villa Maria, Llc, Limited Liability Company just had published form D because of $330,000 equity financing. This is a new filing. G3k Villa Maria, Llc is expected to sell $330,000 in this financing round. The total private offering amount was $330,000. The form was filed on 2016-10-06. The reason for the financing was: Amount represents reimbursement to the Managers of the issuer for their effort and expenses incurred in acquiring the issuer’s real property. The fundraising still has about $330,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

G3k Villa Maria is based in Washington. The firm’s business is Residential. The SEC form was filed by Glen Kurisingal Manager. The company was incorporated in 2016. The filler’s address is: 20897 Se 20Th St, Sammamish, Wa, Washington, 98075. Glen Kurisingal is the related person in the form and it has address: 20897 Se 20Th Street, Sammamish, Wa, Washington, 98075. Link to G3k Villa Maria Filing: 000168687116000001.

Analysis of G3k Villa Maria Offering

On average, startups in the Residential sector, sell 100.00% of the total offering amount. G3k Villa Maria sold 0.00% of the offering. The fundraising is still open. The average fundraising amount for companies in the Residential industry is $178,000. The offering was 100.00% smaller than the average of $178,000. Of course this should not be interpreted as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this offering is set at $165000. 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 G3k Villa Maria Also

The Form D signed by Glen Kurisingal might help G3k Villa Maria, 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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