Acm Financial Trust Financing
Acm Financial Trust Inc, Corporation just released form D for $115.61 million equity financing. This is a new filing. Acm Financial Trust was able to fundraise $115.61 million. That is 100.00% of the round of financing. The total offering amount was $115.61 million. This form was filed on 2016-10-13. The reason for the financing was: unspecified.
Acm Financial Trust is based in North Carolina. The firm’s business is REITS and Finance. The SEC form was filed by Benjamin M Hough President. The company was incorporated more than five years ago. The filler’s address is: 751 West Fourth Street, Suite 400, Winston Salem, Nc, North Carolina, 27101. Michael R Hough is the related person in the form and it has address: 751 West Fourth Street, Suite 400, Winston Salem, Nc, North Carolina, 27101. Link to Acm Financial Trust Filing: 000107715716000009.
Analysis of Acm Financial Trust Offering
On average, firms in the REITS and Finance sector, sell 56.00% of the total offering size. Acm Financial Trust sold 100.00% of the offering. Could this mean that the trust in Acm Financial Trust is high? The average fundraising size for companies in the REITS and Finance industry is $988,700. The total amount raised is 11,592.83% bigger than the average for companies in the REITS and Finance sector. The minimum investment for this fundraising was set at $2500. 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 Acm Financial Trust Also
The Form D signed by Benjamin M Hough might help Acm Financial Trust Inc’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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