Sgt. Stubby Financing
Sgt. Stubby Lp, Limited Partnership just released form D about $11.00 million equity and debt financing. This is a new filing. Sgt. Stubby Lp is expected to finance itself with $11.00 million in this financing offer. The total financing amount was $11.00 million. The fundraising form was filed on 2016-10-11. The reason for the financing was: At this time, no sales agent or finder has been retained.. The fundraising still has about $11.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Sgt. Stubby is based in Alabama. The firm’s business is not disclosed. The form was signed by Richard Lanni General Partner. The company was incorporated in 2016. The filler’s address is: 111 12Th Street, Suite 202, Columbus, Ga, Georgia, 31901. Richard Lanni is the related person in the form and it has address: 28 Lower O’connell Street, County Cork, Kinsale, L2, Ireland, 00000. Link to Sgt. Stubby Filing: 000168275116000003.
Analysis of Sgt. Stubby Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Sgt. Stubby sold 0.00% of the offering. The financing is still open. The average offering amount 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 taken as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this offering is set at $25000. 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 Sgt. Stubby Also
The Form D signed by Richard Lanni might help Sgt. Stubby Lp’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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