Resource Management Service Financing
Resource Management Service, Llc, Limited Liability Company just released form D for $9.48 million equity financing. The date of first sale was 2015-08-31. Resource Management Service was able to sell $5.37 million so far. That is 56.69% of the offering. The total private financing amount was $9.48 million. The offering form was filed on 2016-07-13. The reason for the financing was: unspecified. The fundraising still has about $4.11 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Resource Management Service is based in Alabama. The firm’s business is Other Real Estate. The SEC form was submitted by Michel M Marcoux Authorized Signatory by Limited Power of Attorney. The company was incorporated more than five years ago. The filler’s address is: 31 Inverness Center Parkway, Suite 360, Birmingham, Al, Alabama, 35242. Dennis Dubose is the related person in the form and it has address: 31 Inverness Center Parkway, Suite 360, Birmingham, Al, Alabama, 35242. Link to Resource Management Service Filing: 000164997516000003.
Analysis of Resource Management Service Offering
On average, startups in the Other Real Estate sector, sell 100.00% of the total offering size. Resource Management Service sold 56.69% of the offering. The financing is still open. The average fundraising amount for companies in the Other Real Estate industry is $931,000. The total amount raised is 477.33% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this offering was set at $4443. 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 Resource Management Service Also
The Form D signed by Michel M Marcoux might help Resource Management Service, Llc’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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