Alternative Capital Financing
Alternative Capital, Llc, Limited Liability Company just filed form D for $2.00 million equity financing. This is a new filing. Alternative Capital, Llc is expected to sell $2.00 million in this fundraising offer. The total private offering amount was $2.00 million. The financing document was filed on 2016-09-19. The reason for the financing was: A PORTION OF THE SUBSCRIPTION PROCEEDS WILL BE PAID AS A MANAGEMENT FEE TO THE MANAGERS OF THE ISSUER.. The fundraising still has about $2.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Alternative Capital is based in Florida. The company’s business is Other Real Estate. The form D was filed by CHRISTOPHER MERCER MANAGER OF ISSUER. The company was incorporated in 2016. The filler’s address is: 4501 E. Columbus Dr., Tampa, Fl, Florida, 33605. Christopher Mercer is the related person in the form and it has address: 577 Luzon Avenue, Tampa, Fl, Florida, 33606. Link to Alternative Capital Filing: 000168740016000001.
Analysis of Alternative Capital Offering
On average, startups in the Other Real Estate sector, sell 100.00% of the total offering amount. Alternative Capital sold 0.00% of the offering. The financing is still open. The average fundraising amount for companies in the Other Real Estate industry is $931,000. The offering was 100.00% smaller than the average of $931,000. Of course this should not be interpreted as negative. Businesses raise funds for different needs and reasons. The minimum investment for this offering 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 Alternative Capital Also
The Form D signed by CHRISTOPHER MERCER might help Alternative Capital, 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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