Basket Is Full Financing
Basket Is Full, Inc., Corporation just filed form D announcing $160,250 equity financing. This is a new filing. Basket Is Full was able to finance itself with $160,250. That is 100.00% of the fundraising. The total fundraising amount was $160,250. The financing document was filed on 2016-10-12. The reason for the financing was: unspecified.
Basket Is Full is based in Alabama. The company’s business is Manufacturing. The form D was submitted by jenna vonahsen attorney for Basket is Full, Inc.. The company was incorporated in 2015. The filler’s address is: 3939 N 48Th St, 105B, Lincoln, Ne, Nebraska, 68504. Jonathan Primo Galicia is the related person in the form and it has address: 1751 N 207Th St, Elkhorn, Ne, Nebraska, 68022. Link to Basket Is Full Filing: 000168612416000001.
Analysis of Basket Is Full Offering
On average, firms in the Manufacturing sector, sell 59.50% of the total offering size. Basket Is Full sold 100.00% of the offering. Could this mean that the trust in Basket Is Full is high? The average offering amount for companies in the Manufacturing industry is $763,000. The offering was 79.00% smaller than the average of $763,000. Of course this should not be interpreted as negative. Startups raise funds for different reasons and needs. The minimum investment for this offering was set at $0. 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 Basket Is Full Also
The Form D signed by jenna vonahsen might help Basket Is Full, Inc.’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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