Today’s Form D Alert: New Hope Productions $1.00 million Financing. Alexander Fraser Submitted Oct 19 Form D

New Hope Productions Llc - Alexander Fraser

New Hope Productions Financing

New Hope Productions Llc, Limited Liability Company just submitted form D because of $1.00 million equity financing. The date of first sale was . New Hope Productions Llc is expected to finance itself with $1.00 million in this fundraising. The total fundraising amount was $1.00 million. This form was filed on 2016-10-19. The reason for the financing was: unspecified. The fundraising still has about $1.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

New Hope Productions is based in Alabama. The filler’s business is not disclosed. The form D was submitted by Alexander Fraser Managing Member. The company was incorporated in 2013. The filler’s address is: C/O Aged In Wood, Llc, 145 West 45Th Street, 7Th Floor, New York, Ny, New York, 10036. Alexander Fraser is the related person in the form and it has address: 6990 Phillips Mill Road, New Hope, Pa, Pennsylvania, 18938. Link to New Hope Productions Filing: 000160005016000002.

Analysis of New Hope Productions Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. New Hope Productions sold 0.00% of the offering. The financing is still open. The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 100.00% smaller than the average of $3.05 million. Of course this should not be taken as negative. Firms get financed for a variety of needs and reasons. The minimum investment for this offering was set at $0. 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 New Hope Productions Also

The Form D signed by Alexander Fraser might help New Hope Productions 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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