Ducharme Place Financing
Ducharme Place Llc, Limited Liability Company just submitted form D announcing $8.88 million equity financing. The date of first sale was 2015-09-03. Ducharme Place was able to fundraise $8.88 million. That is 100.00% of the financing offer. The total offering amount was $8.88 million. The financing form was filed on 2016-10-11. The reason for the financing was: unspecified.
Ducharme Place is based in Michigan. The firm’s business is Commercial. The form D was filed by David Cohen Manager of the Issuer’s Managing Member. The company was incorporated more than five years ago. The filler’s address is: 25925 Telegraph Road, Suite 202, Southfield, Mi, Michigan, 48033. David Cohen is the related person in the form and it has address: 25925 Telegraph Road, Suite 202, Southfield, Mi, Michigan, 48033. Link to Ducharme Place Filing: 000164803516000004.
Analysis of Ducharme Place Offering
On average, companies in the Commercial sector, sell 65.22% of the total offering amount. Ducharme Place sold 100.00% of the offering. Could this mean that the trust in Ducharme Place is high? The average offering size for companies in the Commercial industry is $1.60 million. The total amount raised is 455.30% bigger than the average for companies in the Commercial sector. The minimum investment for this fundraising 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 Ducharme Place Also
The Form D signed by David Cohen might help Ducharme Place 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.