Salads Up Financing
Salads Up, Llc, Limited Liability Company just filed form D announcing $1.30 million equity financing. This is a new filing. Salads Up was able to finance itself with $1.30 million. That is 100.00% of the fundraising offer. The total private financing amount was $1.30 million. The fundraising form was filed on 2016-10-14. The reason for the financing was: unspecified.
Salads Up is based in Alabama. The firm’s business is Restaurants. The SEC form was filed by Joseph Gangitano Counsel & Power Attorney. The company was incorporated in 2013. The filler’s address is: 2723 S. State St., Ann Arbor, Mi, Michigan, 48104. Robert Mayer is the related person in the form and it has address: 2723 S. State St., Ann Arbor, Mi, Michigan, 48104. Link to Salads Up Filing: 000168710616000001.
Analysis of Salads Up Offering
On average, startups in the Restaurants sector, sell 99.00% of the total offering size. Salads Up sold 100.00% of the offering. Could this mean that the trust in Salads Up is high? The average offering amount for companies in the Restaurants industry is $302,000. The total amount raised is 330.42% bigger than the average for companies in the Restaurants sector. The minimum investment for this financing is set at $0. 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 Salads Up Also
The Form D signed by Joseph Gangitano might help Salads Up, 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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