Bellrock Controls Financing
Bellrock Controls, Inc., Corporation just filed form D regarding $100,000 debt financing. This is a new filing. Bellrock Controls was able to sell $100,000. That is 100.00% of the financing offer. The total financing amount was $100,000. The form was filed on 2016-10-19. The reason for the financing was: unspecified.
Bellrock Controls is based in Pennsylvania. The firm’s business is Other Technology. The SEC form was submitted by Arthur L Goldberg Chief Financial Officer. The company was incorporated in 2015. The filler’s address is: 5600 Munhall Road, Suite 1009, Pittsburgh, Pa, Pennsylvania, 15217. Alfred F Fasola, Jr. is the related person in the form and it has address: 5600 Munhall Road, Suite 1009, Pittsburgh, Pa, Pennsylvania, 15217. Link to Bellrock Controls Filing: 000165990016000005.
Analysis of Bellrock Controls Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering amount. Bellrock Controls sold 100.00% of the offering. Could this mean that the trust in Bellrock Controls is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 93.51% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this fundraising was set at $100000. 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 Bellrock Controls Also
The Form D signed by Arthur L Goldberg might help Bellrock Controls, 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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