Tn Shelby Pines Financing
Tn Shelby Pines, Llc, Limited Liability Company just had published form D for $2.55 million equity financing. This is a new filing. Tn Shelby Pines, Llc is expected to sell $2.55 million in this fundraising. The total fundraising amount was $2.55 million. The financing document was filed on 2016-10-05. The reason for the financing was: Promote Fee- $84,250, Acquisition Fee – $25,275, Due Diligence Fee – $17,850. The fundraising still has about $2.55 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Tn Shelby Pines is based in Alabama. The filler’s business is not disclosed. The SEC form was signed by David R Zook Manager of Manager. The company was incorporated in 2016. The filler’s address is: 1507 16Th Avenue South, #V8, Nashville, Tn, Tennessee, 37212. David R Zook is the related person in the form and it has address: 1507 16Th Avenue South, #V8, Nashville, Tn, Tennessee, 37212. Link to Tn Shelby Pines Filing: 000168630616000001.
Analysis of Tn Shelby Pines Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Tn Shelby Pines sold 0.00% of the offering. The financing is still open. The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 100.00% smaller than the average of $3.05 million. Of course this should not be seen as negative. Companies raise funds for different reasons and needs. The minimum investment for this offering is set at $50000. 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 Tn Shelby Pines Also
The Form D signed by David R Zook might help Tn Shelby Pines, 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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