State Investments L.L.C. Financing
State Investments L.L.C., Limited Liability Company just released form D for $10.00 million equity financing. This is a new filing. State Investments L.L.C. is expected to fundraise $10.00 million in this financing round. The total offering amount was $10.00 million. The fundraising form was filed on 2016-07-07. The reason for the financing was: unspecified. The fundraising still has about $10.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
State Investments L.L.C. is based in Oregon. The firm’s business is Commercial. The SEC form was submitted by Bruce E Douglas Manager. The company was incorporated more than five years ago. The filler’s address is: 205 Columbia Street Ne, Salem, Or, Oregon, 97301. Bruce E Douglas is the related person in the form and it has address: 205 Columbia Street Ne, Salem, Or, Oregon, 97301. Link to State Investments L.L.C. Filing: 000164849016000002.
Analysis of State Investments L.L.C. Offering
On average, startups in the Commercial sector, sell 65.22% of the total offering amount. State Investments L.L.C. sold 0.00% of the offering. The financing is still open. The average investment size for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be seen as negative. Firms raise funds for a variety of reasons and needs. The minimum investment for this financing 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 State Investments L.L.C. Also
The Form D signed by Bruce E Douglas might help State Investments L.L.C.’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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