Amcrete-Ingersoll, Llc, Limited Liability Company just submitted form D for $5.00 million equity financing. This is a new filing. Amcrete-Ingersoll, Llc is expected to sell $5.00 million in this offering. The total offering amount was $5.00 million. The financing document was filed on 2016-10-12. The reason for the financing was: unspecified. The fundraising still has about $5.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Amcrete-Ingersoll is based in Alabama. The filler’s business is Commercial. The form D was signed by James R Hopper Pres. of AMC the manager of the manager Company. The company was incorporated in 2016. The filler’s address is: C/O Amc 11260 Wilbur Avenue, Suite 301, Northridge, Ca, California, 91326. James R. Hopper is the related person in the form and it has address: C/O Amc 11260 Wilbur Ave., #301, Northridge, Ca, California, 91326. Link to Amcrete-Ingersoll Filing: 000168423416000002.
Analysis of Amcrete-Ingersoll Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering amount. Amcrete-Ingersoll sold 0.00% of the offering. The financing is still open. The average fundraising amount for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this offering was set at $20000. 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 Amcrete-Ingersoll Also
The Form D signed by James R Hopper might help Amcrete-Ingersoll, 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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