Dzusi Media Group Financing
Dzusi Media Group, Inc., Corporation just released form D for $40.00 million debt financing. The date of first sale was 2016-06-10. Dzusi Media Group was able to sell $25.00 million so far. That is 62.50% of the fundraising offer. The total offering amount was $40.00 million. The private financing document was filed on 2016-07-12. The reason for the financing was: This is for debt offering only; no issuance of shares, stock or otherwise. The fundraising still has about $15.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Dzusi Media Group is based in Alabama. The company’s business is not disclosed. The form D was filed by Robert Sterzenbach President. The company was incorporated in 2015. The filler’s address is: 2108 Sleepy Court, Las Vegas, Nv, Nevada, 89106. Robert Earl Sterzenbach is the related person in the form and it has address: 1253 S. Beretania St., Pmb 3201, Honolulu, Hi, Hawaii, 96814. Link to Dzusi Media Group Filing: 000167611716000004.
Analysis of Dzusi Media Group Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Dzusi Media Group sold 62.50% of the offering. The fundraising is still open. The average investment size for companies in all industries in our database is $3.05 million. The total amount raised is 719.67% bigger than the average for companies in the database. The minimum investment for this fundraising was set at $10000000. 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 Dzusi Media Group Also
The Form D signed by Robert Sterzenbach might help Dzusi Media Group, 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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