Vital Leaf Financing
Vital Leaf Inc, Corporation just filed form D because of $450,000 debt financing. This is a new filing. Vital Leaf was able to sell $130,000 so far. That is 28.89% of the fundraising offer. The total private offering amount was $450,000. The fundraising form was filed on 2016-10-12. The reason for the financing was: Proceeds are for working capital. The number above excludes use of proceeds for normal salary to executive officers.. The fundraising still has about $320,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Vital Leaf is based in North Carolina. The filler’s business is Manufacturing. The form was submitted by Hendrik Jacobus Janse van Rensburg CEO. The company was incorporated in 2016. The filler’s address is: 7941 Se Steele St, Unit 5, Portland, Or, Oregon, 97206. Hendrik Jacobus Janse Van Rensburg is the related person in the form and it has address: 4207 Se Woodstock Blvd, Suite 247, Portland, Or, Oregon, 97206. Link to Vital Leaf Filing: 000168727816000002.
Analysis of Vital Leaf Offering
On average, firms in the Manufacturing sector, sell 59.50% of the total offering size. Vital Leaf sold 28.89% of the offering. The financing is still open. The average investment offering size for companies in the Manufacturing industry is $763,000. The offering was 82.96% smaller than the average of $763,000. Of course this should not be interpreted as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing was set at $15000. 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 Vital Leaf Also
The Form D signed by Hendrik Jacobus Janse van Rensburg might help Vital Leaf 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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