Preserve Holdings Financing
Preserve Holdings, Llc, Limited Liability Company just had published form D announcing $2.11 million equity financing. This is a new filing. Preserve Holdings was able to finance itself with $2.11 million. That is 100.00% of the offering. The total private offering amount was $2.11 million. The financing document was filed on 2016-10-11. The reason for the financing was: unspecified.
Preserve Holdings is based in Virginia. The company’s business is Commercial. The form D was signed by T Richard Litton Jr Manager of Preserve Holdings Managing Co., LLC. The company was incorporated in 2016. The filler’s address is: 999 Waterside Drive, Suite 2300, Norfolk, Va, Virginia, 23510. Co., Llc Preserve Holdings Managing is the related person in the form and it has address: 999 Waterside Drive, Suite 2300, Norfolk, Va, Virginia, 23510. Link to Preserve Holdings Filing: 000168696916000001.
Analysis of Preserve Holdings Offering
On average, companies in the Commercial sector, sell 65.22% of the total offering size. Preserve Holdings sold 100.00% of the offering. Could this mean that the trust in Preserve Holdings is high? The average offering amount for companies in the Commercial industry is $1.60 million. The total amount raised is 31.89% bigger than the average for companies in the Commercial sector. The minimum investment for this financing was set at $1500. 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 Preserve Holdings Also
The Form D signed by T Richard Litton Jr might help Preserve Holdings, 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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