Kingsley Building Partners Financing
Kingsley Building Partners, Llc, Limited Liability Company just released form D announcing $1.50 million equity financing. This is a new filing. Kingsley Building Partners was able to fundraise $1.50 million. That is 100.00% of the financing round. The total fundraising amount was $1.50 million. The private financing document was filed on 2016-10-13. The reason for the financing was: 0.
Kingsley Building Partners is based in Michigan. The company’s business is Commercial. The D form was filed by James F Anderton IV Manager of Maplegrove Property Management, L.L.C., Manager. The company was incorporated in 2016. The filler’s address is: 1575 Watertower Place, East Lansing, Mi, Michigan, 48823. Management, L.L.C. Maplegrove Property is the related person in the form and it has address: 1575 Watertower Place, East Lansing, Mi, Michigan, 48823. Link to Kingsley Building Partners Filing: 000168753416000001.
Analysis of Kingsley Building Partners Offering
On average, companies in the Commercial sector, sell 65.22% of the total offering size. Kingsley Building Partners sold 100.00% of the offering. Could this mean that the trust in Kingsley Building Partners is high? The average investment offering size for companies in the Commercial industry is $1.60 million. The offering was 6.25% smaller than the average of $1.60 million. Of course this should not be taken as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this financing was set at $100000. 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 Kingsley Building Partners Also
The Form D signed by James F Anderton IV might help Kingsley Building Partners, 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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