Form D SEC Filing: Avistone Presidents $4.14 million Fundraising. RICHARD M KENT Released Oct 14 D form


Commercial Avistone Presidents, Llc - RICHARD M KENT

Avistone Presidents Financing

Avistone Presidents, Llc, Limited Liability Company just filed form D because of $4.14 million equity financing. This is a new filing. Avistone Presidents, Llc is expected to fundraise $4.14 million in this financing round. The total private offering amount was $4.14 million. The fundraising 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 was signed 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: 000168749416000001.

Analysis of Avistone Presidents Offering

On average, startups in the Commercial sector, sell 65.22% of the total offering amount. Avistone Presidents sold 0.00% of the offering. The fundraising is still open. The average fundraising 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 taken as negative. Businesses raise funds for different reasons and needs. The minimum investment for this offering was 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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