Mimg Cii Les Chateaux Financing
Mimg Cii Les Chateaux, Llc, Limited Liability Company just submitted form D regarding $1.77 million equity financing. This is a new filing. Mimg Cii Les Chateaux was able to fundraise $1.00 million so far. That is 56.64% of the offering. The total private financing amount was $1.77 million. The financing form was filed on 2016-07-12. The reason for the financing was: unspecified. The fundraising still has about $767,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Mimg Cii Les Chateaux is based in Colorado. The company’s business is Commercial. The SEC form was submitted by C Robert Nicolls II President, Monarch Management, Inc.. The company was incorporated in 2016. The filler’s address is: 2195 N. Highway 83, Suite 14B, Franktown, Co, Colorado, 80116. Monarch Investment & Management Group, Llc is the related person in the form and it has address: 2195 North Highway 83, Suite 14B, Franktown, Co, Colorado, 80116. Link to Mimg Cii Les Chateaux Filing: 000167884116000001.
Analysis of Mimg Cii Les Chateaux Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering size. Mimg Cii Les Chateaux sold 56.64% of the offering. The fundraising is still open. The average offering size for companies in the Commercial industry is $1.60 million. The offering was 37.34% smaller than the average of $1.60 million. Of course this should not be seen as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this offering was set at $5000. 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 Mimg Cii Les Chateaux Also
The Form D signed by C Robert Nicolls II might help Mimg Cii Les Chateaux, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.