Ethos Realty Financing
Ethos Realty, Llc, Limited Liability Company just had published form D because of $6.25 million equity financing. This is a new filing. Ethos Realty was able to finance itself with $350,000 so far. That is 5.60% of the offering. The total financing amount was $6.25 million. The financing document was filed on 2016-10-13. The reason for the financing was: unspecified. The fundraising still has about $5.90 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Ethos Realty is based in Alabama. The filler’s business is not disclosed. The SEC form was signed by Edward T Rebholz Jr Manager. The company was incorporated in 2013. The filler’s address is: 307 Ferry Street, Marshfield, Ma, Massachusetts, 02050. Edward T Rebholz, Jr. is the related person in the form and it has address: 1625 Se 14Th Street, Fort Lauderdale, Fl, Florida, 33316. Link to Ethos Realty Filing: 000168740616000001.
Analysis of Ethos Realty Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Ethos Realty sold 5.60% of the offering. The fundraising is still open. The average investment offering size for companies in all industries in our database is $3.05 million. The offering was 88.52% smaller than the average of $3.05 million. Of course this should not be seen as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this fundraising is set at $100000. 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 Ethos Realty Also
The Form D signed by Edward T Rebholz Jr might help Ethos Realty, 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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