Today’s Form D Alert: Alternative Re Holdings $50.00 million Fundraising. Arthur Cronin Submitted Oct 7 D Filing


Insurance Alternative Re Holdings Ltd - Arthur Cronin

Alternative Re Holdings Financing

Alternative Re Holdings Ltd, Corporation just submitted form D regarding $50.00 million equity financing. The date of first sale was 2012-04-02. Alternative Re Holdings was able to finance itself with $2,000 so far. That is 0.00% of the round of financing. The total fundraising amount was $50.00 million. The form was filed on 2016-10-07. The reason for the financing was: Does not include compensation to officers and directors made in the ordinary course of business.. The fundraising still has about $50.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Alternative Re Holdings is based in Bermuda. The firm’s business is Insurance. The form D was signed by Arthur Cronin Vice President & Chief Operating Officer. The company was incorporated more than five years ago. The filler’s address is: Waterloo House, Ground Floor, 100 Pitts Bay Road, Pembroke, D0, Bermuda, Hm08. Graham B.R. Collis is the related person in the form and it has address: Conyers Dill & Pearman Limited, Clarendon House, 2 Church Street, Hamilton, D0, Bermuda, Hm 08. Link to Alternative Re Holdings Filing: 000114036116082364.

Analysis of Alternative Re Holdings Offering

On average, startups in the Insurance sector, sell 70.00% of the total offering amount. Alternative Re Holdings sold 0.00% of the offering. The financing is still open. The average fundraising amount for companies in the Insurance industry is $996,000. The offering was 99.80% smaller than the average of $996,000. Of course this should not be interpreted as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this fundraising was set at $1000. 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 Alternative Re Holdings Also

The Form D signed by Arthur Cronin might help Alternative Re Holdings Ltd’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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