Canopy South Financial Financing
Canopy South Financial, Llc, Limited Liability Company just submitted form D regarding $10.00 million equity financing. This is a new filing. Canopy South Financial, Llc is expected to fundraise $10.00 million in this fundraising. The total fundraising amount was $10.00 million. The financing document was filed on 2016-10-12. The reason for the financing was: unspecified. The fundraising still has about $10.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Canopy South Financial is based in Alabama. The firm’s business is Other Real Estate. The D form was filed by Albert K Cocke Manager. The company was incorporated in 2016. The filler’s address is: 1717 Linden Ave, Nashville, Tn, Tennessee, 37212. Albert K Cocke is the related person in the form and it has address: 1717 Linden Ave, Nashville, Tn, Tennessee, 37212. Link to Canopy South Financial Filing: 000168408516000002.
Analysis of Canopy South Financial Offering
On average, firms in the Other Real Estate sector, sell 100.00% of the total offering size. Canopy South Financial sold 0.00% of the offering. The financing is still open. The average financing size for companies in the Other Real Estate industry is $931,000. The offering was 100.00% smaller than the average of $931,000. Of course this should not be seen as negative. Startups raise funds for different needs and reasons. The minimum investment for this offering was set at $100000. 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 Canopy South Financial Also
The Form D signed by Albert K Cocke might help Canopy South Financial, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.