Ca Senior Investors I Financing
Ca Senior Investors I, Llc, Limited Liability Company just filed form D regarding $4.00 million equity financing. This is a new filing. Ca Senior Investors I, Llc is expected to sell $4.00 million in this financing round. The total private financing amount was $4.00 million. The private financing document was filed on 2016-10-17. The reason for the financing was: The Manager will receive a management fee from the offering proceeds, although it will be recouped by the Issuer through a third party expense reimbursement.. The fundraising still has about $4.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Ca Senior Investors I is based in Illinois. The filler’s business is Residential. The form D was signed by David Schultz Managing Member of the Issuer’s Manager. The company was incorporated in 2016. The filler’s address is: 1006 Davis Street, Evanston, Il, Illinois, 60201. David Schultz is the related person in the form and it has address: 1006 Davis Street, Evanston, Il, Illinois, 60201. Link to Ca Senior Investors I Filing: 000168776416000001.
Analysis of Ca Senior Investors I Offering
On average, companies in the Residential sector, sell 100.00% of the total offering size. Ca Senior Investors I sold 0.00% of the offering. The fundraising is still open. The average investment offering size for companies in the Residential industry is $178,000. The offering was 100.00% smaller than the average of $178,000. Of course this should not be taken as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $25000. 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 Ca Senior Investors I Also
The Form D signed by David Schultz might help Ca Senior Investors I, 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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