Follow The Form D: Fairport Asset Management II $4.90 million Financing. MWCL LLC Managing Member Released Jul 8 Form D


Fairport Asset Management II, Llc - MWCL LLC Managing Member

Fairport Asset Management II Financing

Fairport Asset Management II, Llc, Limited Liability Company just submitted form D because of $4.90 million equity financing. This is a new filing. Fairport Asset Management II was able to finance itself with $113,084 so far. That is 2.31% of the financing offer. The total private offering amount was $4.90 million. The form was filed on 2016-07-08. The reason for the financing was: unspecified. The fundraising still has about $4.79 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Fairport Asset Management II is based in Missouri. The firm’s business is not disclosed. The SEC form was filed by MWCL LLC Managing Member Treasurer. The company was incorporated in 2014. The filler’s address is: 6300 N. Revere Dr., Suite 100, Kansas City, Mo, Missouri, 64151. Mwcl, Llc is the related person in the form and it has address: 6300 N. Revere Dr., Suite 100, Kansas City, Mo, Missouri, 64151. Link to Fairport Asset Management II Filing: 000167941116000001.

Analysis of Fairport Asset Management II Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Fairport Asset Management II sold 2.31% of the offering. The financing is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 96.29% smaller than the average of $3.05 million. Of course this should not be seen as negative. Startups get financed for different reasons and needs. The minimum investment for this fundraising 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 Fairport Asset Management II Also

The Form D signed by MWCL LLC Managing Member might help Fairport Asset Management II, 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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