Trimlite Group Financing
Trimlite Group Lp, Limited Partnership just released form D about $1.50 million equity financing. This is a new filing. Trimlite Group was able to finance itself with $1.50 million. That is 100.00% of the financing round. The total financing amount was $1.50 million. The financing form was filed on 2016-10-12. The reason for the financing was: unspecified.
Trimlite Group is based in Alabama. The firm’s business is Manufacturing. The form D was filed by Norm Rokosh Director. The company was incorporated in 2016. The filler’s address is: 400 3Rd Avenue, S.W., Suite 4600, Calgary, A0, Alberta, Canada, T2p 4H2. Joseph Norman Rokosh is the related person in the form and it has address: 400 – 3Rd Avenue, Suite 4600, Alberta, A0, Alberta, Canada, T2p 4H2. Link to Trimlite Group Filing: 000159140816000029.
Analysis of Trimlite Group Offering
On average, companies in the Manufacturing sector, sell 59.50% of the total offering size. Trimlite Group sold 100.00% of the offering. Could this mean that the trust in Trimlite Group is high? The average investment offering size for companies in the Manufacturing industry is $763,000. The total amount raised is 96.59% bigger than the average for companies in the Manufacturing sector. 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 Trimlite Group Also
The Form D signed by Norm Rokosh might help Trimlite Group Lp’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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