Form D Action: Berkeley Research Group $1.48 million Financing. Marvin A Tenenbaum Released Oct 11 Form D

Berkeley Research Group Llc - Marvin A Tenenbaum

Berkeley Research Group Financing

Berkeley Research Group Llc, Limited Liability Company just submitted form D about $1.48 million equity financing. This is a new filing. Berkeley Research Group Llc is expected to sell $1.48 million in this financing offer. The total private financing amount was $1.48 million. The private financing document was filed on 2016-10-11. The reason for the financing was: unspecified. The fundraising still has about $1.48 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Berkeley Research Group is based in Illinois. The company’s business is not disclosed. The SEC form was filed by Marvin A Tenenbaum Senior Vice President & General Counsel. The company was incorporated more than five years ago. The filler’s address is: 2200 Powell Street, Suite 1200, Emeryville, Ca, California, 94608. David J. Teece is the related person in the form and it has address: 2200 Powell Street, Suite 1200, Emeryville, Ca, California, 94608. Link to Berkeley Research Group Filing: 000149492616000006.

Analysis of Berkeley Research Group Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Berkeley Research Group sold 0.00% of the offering. The financing is still open. The average investment floor size 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. Startups get financed for a variety of needs and reasons. The minimum investment for this offering was set at $311100. 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 Berkeley Research Group Also

The Form D signed by Marvin A Tenenbaum might help Berkeley Research Group 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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