Cre Denn Manor Financing
Cre Denn Manor Llc, Limited Liability Company just had published form D because of $3.29 million equity financing. This is a new filing. Cre Denn Manor was able to finance itself with $2.01 million so far. That is 61.00% of the fundraising offer. The total fundraising amount was $3.29 million. The fundraising form was filed on 2016-10-07. The reason for the financing was: unspecified. The fundraising still has about $1.28 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Cre Denn Manor is based in Washington. The firm’s business is Commercial. The form D was submitted by CHRIS GARVIN MANAGER OF ISSUER’S MANAGER. The company was incorporated in 2016. The filler’s address is: 2930 Westlake Ave N Ste 100, Seattle, Wa, Washington, 98109. Chris Garvin is the related person in the form and it has address: 2930 Westlake Ave N, Ste 100, Seattle, Wa, Washington, 98109. Link to Cre Denn Manor Filing: 000168380416000001.
Analysis of Cre Denn Manor Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering amount. Cre Denn Manor sold 61.00% of the offering. The fundraising is still open. The average investment floor size for companies in the Commercial industry is $1.60 million. The total amount raised is 25.51% bigger than the average for companies in the Commercial sector. The minimum investment for this financing was set at $3657. 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 Cre Denn Manor Also
The Form D signed by CHRIS GARVIN might help Cre Denn Manor 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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