4Front Holdings Financing
4Front Holdings Llc, Limited Liability Company just filed form D regarding $1 equity financing. This is a new filing. 4Front Holdings Llc is expected to finance itself with $1 in this round of financing. The total offering amount was $1. The financing document was filed on 2016-10-11. The reason for the financing was: The securities sold under this offering are part of a corporate restructuring and have no value as of the date of issuance.. The fundraising still has about $1 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
4Front Holdings is based in Arizona. The firm’s business is not disclosed. The SEC form was signed by Joshua N Rosen Manager. The company was incorporated in 2016. The filler’s address is: 5060 North 40Th Street Suite 120, Phoenix, Az, Arizona, 85018. Joshua N Rosen is the related person in the form and it has address: 5060 N 40Th Street, Suite 120, Phoenix, Az, Arizona, 85018. Link to 4Front Holdings Filing: 000168701216000001.
Analysis of 4Front Holdings Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. 4Front Holdings sold 0.00% of the offering. The financing is still open. The average investment size for companies in all industries in our database is $3.05 million. The offering was 100.00% smaller than the average of $3.05 million. Of course this should not be taken as negative. Companies get financed for a variety of reasons and needs. The minimum investment for this fundraising was set at $0. 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 4Front Holdings Also
The Form D signed by Joshua N Rosen might help 4Front Holdings 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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