Road Runner Disposal Systems Financing
Road Runner Disposal Systems, Llc, Limited Liability Company just submitted form D for $150,000 debt financing. This is a new filing. Road Runner Disposal Systems was able to fundraise $150,000. That is 100.00% of the financing round. The total private offering amount was $150,000. The financing form was filed on 2016-10-10. The reason for the financing was: 10.00% sales commission for accepted subscriptions.
Road Runner Disposal Systems is based in Arkansas. The firm’s business is Oil and Gas. The D form was signed by Mark Teinert Managing Member. The company was incorporated in 2015. The filler’s address is: 2601 Ridgmar Plaza, Suite 201, Fort Worth, Tx, Texas, 76116. Mark Teinert is the related person in the form and it has address: 2601 Ridgmar Plaza, Suite 201, Fort Worth, Tx, Texas, 76116. Link to Road Runner Disposal Systems Filing: 000168727516000001.
Analysis of Road Runner Disposal Systems Offering
On average, firms in the Oil and Gas sector, sell 13.77% of the total offering size. Road Runner Disposal Systems sold 100.00% of the offering. Could this mean that the trust in Road Runner Disposal Systems is high? The average fundraising size for companies in the Oil and Gas industry is $227,000. The offering was 33.92% smaller than the average of $227,000. Of course this should not be seen as negative. Companies raise funds for different needs and reasons. The minimum investment for this offering is set at $10000. 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 Road Runner Disposal Systems Also
The Form D signed by Mark Teinert might help Road Runner Disposal Systems, 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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