Baghdaddy Liability Co Financing
Baghdaddy, Ltd Liability Co, Limited Liability Company just had published form D regarding $350,000 equity financing. This is a new filing. Baghdaddy Liability Co was able to finance itself with $50,000 so far. That is 14.29% of the financing offer. The total offering amount was $350,000. The private financing document was filed on 2016-10-07. The reason for the financing was: This is a min/max offering. The minimum offering amount is $275,000.. The fundraising still has about $300,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Baghdaddy Liability Co is based in Alabama. The company’s business is not disclosed. The form D was filed by Lee Feldshon Attorney-in-Fact & Authorized Signatory. The company was incorporated in 2016. The filler’s address is: 457 W. 57Th St., Ste. 815, New York, Ny, New York, 10019. Charles D. Fink is the related person in the form and it has address: 2424 Sunny Meadow Lane, Vienna, Va, Virginia, 22181. Link to Baghdaddy Liability Co Filing: 000168691516000001.
Analysis of Baghdaddy Liability Co Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Baghdaddy Liability Co sold 14.29% of the offering. The fundraising is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 98.36% smaller than the average of $3.05 million. Of course this should not be seen as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this financing was set at $0. 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 Baghdaddy Liability Co Also
The Form D signed by Lee Feldshon might help Baghdaddy, Ltd Liability Co’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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