Mr. Holmes Financing
Mr. Holmes Inc., Corporation just released form D because of $500,000 equity financing. This is a new filing. Mr. Holmes was able to sell $500,000. That is 100.00% of the offering. The total private financing amount was $500,000. This form was filed on 2016-07-12. The reason for the financing was: unspecified.
Mr. Holmes is based in California. The company’s business is not disclosed. The form was submitted by AARON CADDEL PRESIDENT. The company was incorporated in 2015. The filler’s address is: 1642 Larkin Street, San Francisco, Ca, California, 94109. Aaron Caddel is the related person in the form and it has address: 1642 Larkin Street, San Francisco, Ca, California, 94109. Link to Mr. Holmes Filing: 000165429616000002.
Analysis of Mr. Holmes Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Mr. Holmes sold 100.00% of the offering. Could this mean that the trust in Mr. Holmes is high? The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 83.61% smaller than the average of $3.05 million. Of course this should not be seen as negative. Firms get financed for a variety of needs and reasons. The minimum investment for this fundraising was set at $10000. 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 Mr. Holmes Also
The Form D signed by AARON CADDEL might help Mr. Holmes Inc.’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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