Crooked Lane Brewing Co Financing
Crooked Lane Brewing Co, Corporation just submitted form D for $50,000 equity financing. This is a new filing. Crooked Lane Brewing Co was able to sell $45,600. That is 91.20% of the fundraising. The total private offering amount was $50,000. This form was filed on 2016-10-17. The reason for the financing was: unspecified. The fundraising still has about $4,400 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Crooked Lane Brewing Co is based in California. The filler’s business is not disclosed. The form was filed by Allison Harvey Corporate Counsel. The company was incorporated in 2014. The filler’s address is: 536 Grass Valley Hwy, Auburn, Ca, California, 95603. Braun Kirt is the related person in the form and it has address: 1942 Blue Bell Court, Cool, Ca, California, 95614. Link to Crooked Lane Brewing Co Filing: 000165588516000012.
Analysis of Crooked Lane Brewing Co Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Crooked Lane Brewing Co sold 91.20% of the offering. The financing is still open. Could this mean that the trust in Crooked Lane Brewing Co is high? The average offering amount for companies in all industries in our database is $3.05 million. The offering was 98.50% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this offering is 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 Crooked Lane Brewing Co Also
The Form D signed by Allison Harvey might help Crooked Lane Brewing Co’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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