Form D On Watch: Palermo Tt Holdings $23.50 million Fundraising. Blake Clark Published Oct 19 D form

Palermo Tt Holdings, Inc. - Blake Clark

Palermo Tt Holdings Financing

Palermo Tt Holdings, Inc., Corporation just released form D because of $23.50 million equity financing. The date of first sale was 2015-04-08. Palermo Tt Holdings was able to finance itself with $23.50 million. That is 100.00% of the offering. The total financing amount was $23.50 million. The offering form was filed on 2016-10-19. The reason for the financing was: Amount is the number of options granted times the exercise price of the options. Date of first sale in item 7. is the date of the first option grant..

Palermo Tt Holdings is based in California. The firm’s business is not disclosed. The form was signed by Blake Clark CFO, Treasurer and Secretary. The company was incorporated in 2014. The filler’s address is: 1114 Avenue Of The Americas, 36Th Floor, New York, Ny, New York, 10036. Anthony Eales is the related person in the form and it has address: 9477 Waples Street, Suite 100, San Diego, Ca, California, 92121. Link to Palermo Tt Holdings Filing: 000164051816000002.

Analysis of Palermo Tt Holdings Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Palermo Tt Holdings sold 100.00% of the offering. Could this mean that the trust in Palermo Tt Holdings is high? The average investment offering size for companies in all industries in our database is $3.05 million. The total amount raised is 670.57% bigger than the average for companies in the database. The minimum investment for this fundraising is set at $0. 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 Palermo Tt Holdings Also

The Form D signed by Blake Clark might help Palermo Tt Holdings, Inc.’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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