Form D: Buttercup Bioplastic $4.00 million Fundraising. Allison macphee Filed Oct 12 D Form

Manufacturing Buttercup Bioplastic - Allison macphee

Buttercup Bioplastic Financing

Buttercup Bioplastic, Limited Liability Company just filed form D because of $4.00 million equity and debt financing. This is a new filing. Buttercup Bioplastic is expected to sell $4.00 million in this financing offer. The total private offering amount was $4.00 million. The offering form was filed on 2016-10-12. The reason for the financing was: unspecified. The fundraising still has about $4.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Buttercup Bioplastic is based in Prince Edward Island – Canada. The company’s business is Manufacturing. The SEC form was signed by Allison macphee president. The filler’s address is: 30 Woodward Drive Apt#101, Charlottetown, A7, Prince Edward Island, Canada, C1a6n7. Allison Macphee is the related person in the form and it has address: 30 Woodward Drive Apt#101, Charlottetown, A7, Prince Edward Island, Canada, C1a6n7. Link to Buttercup Bioplastic Filing: 000168713116000002.

Analysis of Buttercup Bioplastic Offering

On average, startups in the Manufacturing sector, sell 59.50% of the total offering size. Buttercup Bioplastic sold 0.00% of the offering. The fundraising is still open. The average fundraising size for companies in the Manufacturing industry is $763,000. The offering was 100.00% smaller than the average of $763,000. Of course this should not be taken as negative. Firms get financed for a variety of needs and reasons. The minimum investment for this fundraising was 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 Buttercup Bioplastic Also

The Form D signed by Allison macphee might help Buttercup Bioplastic’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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