Form D Report: Bt To Go $850000 Financing. Justin Philips Submitted Oct 19 D form

Retailing Bt To Go, Llc - Justin Philips

Bt To Go Financing

Bt To Go, Llc, Limited Liability Company just released form D about $850,000 equity financing. This is a new filing. Bt To Go was able to finance itself with $850,000. That is 100.00% of the financing offer. The total financing amount was $850,000. The private financing document was filed on 2016-10-19. The reason for the financing was: unspecified.

Bt To Go is based in Alabama. The firm’s business is Retailing. The form D was signed by Justin Philips Managing Member. The company was incorporated in 2013. The filler’s address is: 22 Grand Central Terminal, New York, Ny, New York, 10017. Justin Philips is the related person in the form and it has address: 7727 Shore Road, Brooklyn, Ny, New York, 11209. Link to Bt To Go Filing: 000168796316000001.

Analysis of Bt To Go Offering

On average, startups in the Retailing sector, sell 71.70% of the total offering size. Bt To Go sold 100.00% of the offering. Could this mean that the trust in Bt To Go is high? The average offering amount for companies in the Retailing industry is $45,600. The total amount raised is 1,764.04% bigger than the average for companies in the Retailing sector. The minimum investment for this financing is set at $170000. 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 Bt To Go Also

The Form D signed by Justin Philips might help Bt To Go, 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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