Ruggles Green Investors Financing
Ruggles Green Investors, Llc, Limited Liability Company just had published form D announcing $12.20 million equity financing. This is a new filing. Ruggles Green Investors was able to finance itself with $12.20 million. That is 100.00% of the fundraising offer. The total fundraising amount was $12.20 million. The financing form was filed on 2016-10-07. The reason for the financing was: Other than the payment of salaries and other compensation and benefits, no officer, manager, member or promoter will receive any payments from the proceeds of this offering..
Ruggles Green Investors is based in Alabama. The filler’s business is Pooled Investment Fund. The D form was submitted by Jason C Morgan Mgr, Hargett Hunter Capital Partners, LLC, Mgr of Issuer. The company was incorporated in 2016. The filler’s address is: 5601 Democracy Drive, Suite 209, Plano, Tx, Texas, 75024. Hargett Hunter Capital Partners, Llc is the related person in the form and it has address: 1122 Oberlin Road, Suite 200, Raleigh, Nc, North Carolina, 27605. Link to Ruggles Green Investors Filing: 000168723216000001.
Analysis of Ruggles Green Investors Offering
On average, companies in the Pooled Investment Fund sector, sell 37.80% of the total offering amount. Ruggles Green Investors sold 100.00% of the offering. Could this mean that the trust in Ruggles Green Investors is high? The average offering amount for companies in the Pooled Investment Fund industry is $24.76 million. The offering was 50.72% smaller than the average of $24.76 million. Of course this should not be seen as negative. Startups get financed for different needs and reasons. The minimum investment for this financing 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 Ruggles Green Investors Also
The Form D signed by Jason C Morgan might help Ruggles Green Investors, 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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