Orlando 301 Member Financing
Orlando 301 Member, Llc, Limited Liability Company just submitted form D because of $3.50 million equity financing. This is a new filing. Orlando 301 Member was able to sell $3.50 million. That is 100.00% of the offering. The total offering amount was $3.50 million. The financing document was filed on 2016-09-30. The reason for the financing was: unspecified.
Orlando 301 Member is based in New York. The filler’s business is Residential. The SEC form was filed by Keith B Rosenthal President of Managing Member. The company was incorporated in 2016. The filler’s address is: 645 Madison Avenue, 5Th Floor, New York, Ny, New York, 10022. J. Michael Fried is the related person in the form and it has address: 645 Madison Avenue, 5Th Floor, New York, Ny, New York, 10022. Link to Orlando 301 Member Filing: 000114420416127587.
Analysis of Orlando 301 Member Offering
On average, firms in the Residential sector, sell 100.00% of the total offering amount. Orlando 301 Member sold 100.00% of the offering. Could this mean that the trust in Orlando 301 Member is high? The average offering amount for companies in the Residential industry is $178,000. The total amount raised is 1,866.29% bigger than the average for companies in the Residential sector. The minimum investment for this financing was set at $100000. 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 Orlando 301 Member Also
The Form D signed by Keith B Rosenthal might help Orlando 301 Member, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.