Bm Fitness Group Financing
Bm Fitness Group, Llc, Limited Liability Company just released form D because of $2.00 million equity financing. This is a new filing. Bm Fitness Group was able to fundraise $100,000 so far. That is 5.00% of the round of financing. The total offering amount was $2.00 million. The fundraising form was filed on 2016-10-06. The reason for the financing was: unspecified. The fundraising still has about $1.90 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Bm Fitness Group is based in Texas. The filler’s business is not disclosed. The form was filed by Jeremy C Soder Manager. The company was incorporated in 2015. The filler’s address is: 850 Central Parkway East, Suite 105, Plano, Tx, Texas, 75074. Bm Fitness Manager, Llc is the related person in the form and it has address: 850 Central Parkway East, Suite 105, Plano, Tx, Texas, 75074. Link to Bm Fitness Group Filing: 000168182716000004.
Analysis of Bm Fitness Group Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Bm Fitness Group sold 5.00% of the offering. The financing is still open. The average offering amount for companies in all industries in our database is $3.05 million. The offering was 96.72% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this fundraising is set at $100000. 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 Bm Fitness Group Also
The Form D signed by Jeremy C Soder might help Bm Fitness Group, 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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