Ebbu, Llc, Limited Liability Company just submitted form D about $6.50 million debt financing. This is a new filing. Ebbu was able to fundraise $325,000 so far. That is 5.00% of the fundraising offer. The total offering amount was $6.50 million. The offering form was filed on 2016-10-12. The reason for the financing was: The estimate indicated above will be used to pay the salaries and bonuses to the Related Persons listed in item 3 in their positions as Officers of ebbu, LLC assuming the offering is fully subscribed.. The fundraising still has about $6.18 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Ebbu is based in Colorado. The firm’s business is not disclosed. The SEC form was signed by Jonathan M Cooper CEO. The company was incorporated in 2013. The filler’s address is: 35715 Us Highway 40, Unit D206, Evergreen, Co, Colorado, 80439. Jonathan Michael Cooper is the related person in the form and it has address: 4428 Perry Street, Denver, Co, Colorado, 80212. Link to Ebbu Filing: 000163412916000006.
Analysis of Ebbu Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Ebbu sold 5.00% of the offering. The fundraising is still open. The average investment offering size for companies in all industries in our database is $3.05 million. The offering was 89.34% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Startups raise funds for a variety of needs and reasons. The minimum investment for this financing was 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 Ebbu Also
The Form D signed by Jonathan M Cooper might help Ebbu, 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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