Noteworthy Form D Filing: Liberty Commons Lodging Associates $7.00 million Fundraising. Robert J Bruni Filed Oct 5 SEC Filing


Lodging and Conventions Liberty Commons Lodging Associates, Llc - Robert J Bruni

Liberty Commons Lodging Associates Financing

Liberty Commons Lodging Associates, Llc, Limited Liability Company just submitted form D because of $7.00 million equity financing. This is a new filing. Liberty Commons Lodging Associates was able to sell $2.71 million so far. That is 38.75% of the fundraising. The total offering amount was $7.00 million. The financing form was filed on 2016-10-05. The reason for the financing was: Reimbursement of expenses incurred for architectural, design, engineering, legal and miscellaneous fees and the purchase price for certain real property.. The fundraising still has about $4.29 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Liberty Commons Lodging Associates is based in Wisconsin. The firm’s business is Lodging and Conventions. The form D was submitted by Robert J Bruni Asst. Sec. of Raymond Management Company Inc. Mgr. of Issuer. The company was incorporated in 2015. The filler’s address is: 8333 Greenway Boulevard, Suite 200, Middleton, Wi, Wisconsin, 53562. C. J. Raymond is the related person in the form and it has address: 8333 Greenway Boulevard, Suite 200, Middleton, Wi, Wisconsin, 53562. Link to Liberty Commons Lodging Associates Filing: 000089271216001929.

Analysis of Liberty Commons Lodging Associates Offering

On average, companies in the Lodging and Conventions sector, sell 27.00% of the total offering size. Liberty Commons Lodging Associates sold 38.75% of the offering. The financing is still open. Could this mean that the trust in Liberty Commons Lodging Associates is high? The average fundraising size for companies in the Lodging and Conventions industry is $693,000. The total amount raised is 291.41% bigger than the average for companies in the Lodging and Conventions sector. The minimum investment for this offering was set at $50000. 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 Liberty Commons Lodging Associates Also

The Form D signed by Robert J Bruni might help Liberty Commons Lodging Associates, 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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