H20 Holdings Financing
H20 Holdings, Llc, Limited Liability Company just filed form D regarding $200,000 equity financing. This is a new filing. H20 Holdings was able to sell $90,000 so far. That is 45.00% of the financing offer. The total private financing amount was $200,000. The financing document was filed on 2016-07-11. The reason for the financing was: unspecified. The fundraising still has about $110,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
H20 Holdings is based in Alabama. The firm’s business is Other Technology. The form was filed by Christopher Gilreath President. The company was incorporated in 2015. The filler’s address is: 1001 S. 19Th Street, Rogers, Ar, Arkansas, 72758. Christopher J. Gilreath is the related person in the form and it has address: 1001 S. 19Th Street, Rogers, Ar, Arkansas, 72758. Link to H20 Holdings Filing: 000167923916000001.
Analysis of H20 Holdings Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. H20 Holdings sold 45.00% of the offering. The fundraising is still open. The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 94.16% smaller than the average of $1.54 million. Of course this should not be seen as negative. Firms get financed for different needs and reasons. The minimum investment for this fundraising 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 H20 Holdings Also
The Form D signed by Christopher Gilreath might help H20 Holdings, 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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