Hz Rock Creek Financing
Hz Rock Creek, Llc, Limited Liability Company just filed form D about $12.50 million equity financing. This is a new filing. Hz Rock Creek was able to sell $2.35 million so far. That is 18.83% of the fundraising offer. The total fundraising amount was $12.50 million. This form was filed on 2016-10-12. The reason for the financing was: unspecified. The fundraising still has about $10.15 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Hz Rock Creek is based in California. The firm’s business is Residential. The D form was filed by Anthony O Zanze COO of Hamilton Zanze & Company; Authorized Person. The company was incorporated in 2016. The filler’s address is: 37 Graham Street, Suite 200B, San Francisco, Ca, California, 94129. * Hamilton Zanze & Company is the related person in the form and it has address: 37 Graham Street, Suite 200B, San Francisco, Ca, California, 94129. Link to Hz Rock Creek Filing: 000168729216000001.
Analysis of Hz Rock Creek Offering
On average, firms in the Residential sector, sell 100.00% of the total offering size. Hz Rock Creek sold 18.83% of the offering. The financing is still open. The average fundraising size for companies in the Residential industry is $178,000. The total amount raised is 1,222.59% bigger than the average for companies in the Residential sector. The minimum investment for this financing is set at $0. 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 Hz Rock Creek Also
The Form D signed by Anthony O Zanze might help Hz Rock Creek, 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.