Avatar Capital Finance Financing
Avatar Capital Finance Llc, Limited Liability Company just had published form D announcing $950,000 debt financing. This is a new filing. Avatar Capital Finance was able to sell $850,000. That is 89.47% of the financing offer. The total offering amount was $950,000. The form was filed on 2016-10-14. The reason for the financing was: unspecified. The fundraising still has about $100,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Avatar Capital Finance is based in Washington. The company’s business is Other Real Estate. The form was filed by Jerry Zevenbergen Managing Member. The company was incorporated more than five years ago. The filler’s address is: 1200 Westlake Avenue N, #1006, Seattle, Wa, Washington, 98109. Jerry Zevenbergen is the related person in the form and it has address: 1200 Westlake Ave N, #1006, Seattle, Wa, Washington, 98109. Link to Avatar Capital Finance Filing: 000134298616000036.
Analysis of Avatar Capital Finance Offering
On average, firms in the Other Real Estate sector, sell 100.00% of the total offering size. Avatar Capital Finance sold 89.47% of the offering. The financing is still open. The average investment floor size for companies in the Other Real Estate industry is $931,000. The offering was 8.70% smaller than the average of $931,000. Of course this should not be taken as negative. Businesses get financed for different needs and reasons. The minimum investment for this offering is set at $25000. 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 Avatar Capital Finance Also
The Form D signed by Jerry Zevenbergen might help Avatar Capital Finance 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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