Wg Dst 5 Financing
Wg Dst 5, just filed form D for $17.87 million equity financing. This is a new filing. Wg Dst 5 is expected to sell $17.87 million in this financing offer. The total private financing amount was $17.87 million. The financing document was filed on 2016-10-07. The reason for the financing was: WG DEPOSITOR 5, LLC (DEPOSITOR) WILL BE RESP FOR PAYING CERT FEES & COSTS OF APPROX $3233674. AFFIL OF DEPOSITOR WILL RECEIVE: (I)ASSIGNMT FEE RELATED TO PURCH OF REAL ESTATE OF $2536602,(II)BROKERAGE COMM OF $340000 & (III)ARRANGEMENT FEE OF $170000.. The fundraising still has about $17.87 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Wg Dst 5 is based in New Hampshire. The company’s business is Commercial. The D form was submitted by DOUGLAS F BLOUGH MANAGER OF THE SOLE MEMBER OF THE ISSUER’S MANAGER. The company was incorporated in 2014. The filler’s address is: 10 Tara Blvd., Suite 130, Nashua, Nh, New Hampshire, 03062. Douglas F. Blough is the related person in the form and it has address: 10 Tara Blvd., Suite 130, Nashua, Nh, New Hampshire, 03062. Link to Wg Dst 5 Filing: 000168706816000002.
Analysis of Wg Dst 5 Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering amount. Wg Dst 5 sold 0.00% of the offering. The financing is still open. The average investment size for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be interpreted as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $25000. 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 Wg Dst 5 Also
The Form D signed by DOUGLAS F BLOUGH might help Wg Dst 5’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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