Form D SEC Filing: Legacy Gretna #1 L.L.C. $1.50 million Fundraising. Gregory S LaCour Published Oct 12 SEC form

Restaurants Legacy Gretna #1, L.L.C. - Gregory S LaCour

Legacy Gretna #1 L.L.C. Financing

Legacy Gretna #1, L.L.C., Limited Liability Company just released form D for $1.50 million equity financing. This is a new filing. Legacy Gretna #1 L.L.C. was able to fundraise $1.50 million. That is 100.00% of the financing offer. The total private financing amount was $1.50 million. The form was filed on 2016-10-12. The reason for the financing was: unspecified.

Legacy Gretna #1 L.L.C. is based in Louisiana. The company’s business is Restaurants. The form was filed by Gregory S LaCour Power of Attorney for Gary S. Wiener. The company was incorporated in 2016. The filler’s address is: 3636 South I-10 Service Road West, Suite 300, Metairie, La, Louisiana, 70001. Gary S Wiener is the related person in the form and it has address: 3636 South I-10 Service Road West, Suite 300, Metairie, La, Louisiana, 70001. Link to Legacy Gretna #1 L.L.C. Filing: 000168723016000001.

Analysis of Legacy Gretna #1 L.L.C. Offering

On average, startups in the Restaurants sector, sell 99.00% of the total offering size. Legacy Gretna #1 L.L.C. sold 100.00% of the offering. Could this mean that the trust in Legacy Gretna #1 L.L.C. is high? The average investment floor size for companies in the Restaurants industry is $302,000. The total amount raised is 396.69% bigger than the average for companies in the Restaurants sector. The minimum investment for this fundraising is set at $50000. 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 Legacy Gretna #1 L.L.C. Also

The Form D signed by Gregory S LaCour might help Legacy Gretna #1, L.L.C.’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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