Mamasezz Foods Financing
Mamasezz Foods, Inc., Corporation just filed form D because of $305,000 equity financing. This is a new filing. Mamasezz Foods was able to finance itself with $110,000 so far. That is 36.07% of the fundraising offer. The total offering amount was $305,000. The financing document was filed on 2016-07-13. The reason for the financing was: unspecified. The fundraising still has about $195,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Mamasezz Foods is based in Vermont. The filler’s business is Manufacturing. The form D was submitted by Lisa Q Lorimer President. The company was incorporated in 2016. The filler’s address is: 70 Haskell Drive, Brattleboro, Vt, Vermont, 05301. Lisa Lorimer is the related person in the form and it has address: P.O. Box 1132, Brattleboro, Vt, Vermont, 05301. Link to Mamasezz Foods Filing: 000167904616000001.
Analysis of Mamasezz Foods Offering
On average, firms in the Manufacturing sector, sell 59.50% of the total offering size. Mamasezz Foods sold 36.07% of the offering. The financing is still open. The average fundraising amount for companies in the Manufacturing industry is $763,000. The offering was 85.58% smaller than the average of $763,000. Of course this should not be taken as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this fundraising 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 Mamasezz Foods Also
The Form D signed by Lisa Q Lorimer might help Mamasezz Foods, 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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