Alpha Washburn Properties Financing
Alpha Washburn Properties, Llc, Limited Liability Company just released form D because of $1.52 million equity financing. This is a new filing. Alpha Washburn Properties was able to fundraise $15,000 so far. That is 0.99% of the fundraising. The total fundraising amount was $1.52 million. This form was filed on 2016-10-12. The reason for the financing was: unspecified. The fundraising still has about $1.51 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Alpha Washburn Properties is based in Alabama. The firm’s business is Residential. The form D was signed by Akinjide A Famuagun Sole Member. The company was incorporated in 2016. The filler’s address is: 322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, Pa, Pennsylvania, 15212. Akinjide A Famuagun is the related person in the form and it has address: 322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, Pa, Pennsylvania, 15212. Link to Alpha Washburn Properties Filing: 000168722216000001.
Analysis of Alpha Washburn Properties Offering
On average, startups in the Residential sector, sell 100.00% of the total offering amount. Alpha Washburn Properties sold 0.99% of the offering. The fundraising is still open. The average financing size for companies in the Residential industry is $178,000. The offering was 91.57% smaller than the average of $178,000. Of course this should not be taken as negative. Startups raise funds for a variety of reasons and needs. The minimum investment for this fundraising was set at $10000. 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 Alpha Washburn Properties Also
The Form D signed by Akinjide A Famuagun might help Alpha Washburn Properties, 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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