Avistone Presidents Financing
Avistone Presidents, Llc, Limited Liability Company just released form D for $4.14 million equity financing. This is a new filing. Avistone Presidents, Llc is expected to sell $4.14 million in this offering. The total financing amount was $4.14 million. The form was filed on 2016-10-14. The reason for the financing was: THE MANAGER IS ANTICIPATED TO PAY COSTS & EXPENSES RELATED TO THE OFFERING, ACQUISITION OF THE PROP AND FINANCING OF THE PROP TO BE ACQUIRED BY THE ISSUER IN THE AMT OF $411,000. THE TOTAL AMT ANTICIPATED TO BE RETAINED BY THE MANAGER IS $180,000.. The fundraising still has about $4.14 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Avistone Presidents is based in California. The firm’s business is Commercial. The form D was submitted by RICHARD M KENT CEO OF THE MANAGER OF THE ISSUER. The company was incorporated in 2016. The filler’s address is: 28202 Cabot Road, Suite 210, Laguna Niguel, Ca, California, 92677. Richard M. Kent is the related person in the form and it has address: 28202 Cabot Road, Suite 210, Laguna Niguel, Ca, California, 92677. Link to Avistone Presidents Filing: 000168749416000004.
Analysis of Avistone Presidents Offering
On average, startups in the Commercial sector, sell 65.22% of the total offering size. Avistone Presidents sold 0.00% of the offering. The financing is still open. The average investment size for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be seen as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this financing is set at $20000. 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 Avistone Presidents Also
The Form D signed by RICHARD M KENT might help Avistone Presidents, 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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