Nbcre Partners IV Financing
Nbcre Partners Iv, Llc, Limited Liability Company just had published form D announcing $2.47 million equity financing. This is a new filing. Nbcre Partners IV was able to fundraise $2.24 million. That is 90.49% of the offering. The total financing amount was $2.47 million. The financing document was filed on 2016-07-12. The reason for the financing was: unspecified. The fundraising still has about $235,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Nbcre Partners IV is based in Massachusetts. The firm’s business is Commercial. The form was submitted by Dean Atkins Manager of NBCRE Partners IV Manager, LLC. The company was incorporated in 2016. The filler’s address is: 3 Post Office Square, 8Th Floor, Boston, Ma, Massachusetts, 02109. Manager Llc Nbcre Partners Iv is the related person in the form and it has address: 3 Post Office Square, 8Th Floor, Boston, Ma, Massachusetts, 02109. Link to Nbcre Partners IV Filing: 000167942316000001.
Analysis of Nbcre Partners IV Offering
On average, startups in the Commercial sector, sell 65.22% of the total offering size. Nbcre Partners IV sold 90.49% of the offering. The financing is still open. Could this mean that the trust in Nbcre Partners IV is high? The average fundraising amount for companies in the Commercial industry is $1.60 million. The total amount raised is 39.69% bigger than the average for companies in the Commercial sector. The minimum investment for this offering was 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 Nbcre Partners IV Also
The Form D signed by Dean Atkins might help Nbcre Partners Iv, 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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