Today’s Form D Filing: Ocean Grove Resort Holdings $18.48 million Financing. Robert M McCullough Published Oct 19 form D

Real Estate Ocean Grove Resort Holdings, Llc - Robert M McCullough

Ocean Grove Resort Holdings Financing

Ocean Grove Resort Holdings, Llc, Limited Liability Company just released form D announcing $18.48 million equity financing. The date of first sale was 2016-10-14. Ocean Grove Resort Holdings was able to sell $18.48 million. That is 100.00% of the fundraising. The total private financing amount was $18.48 million. The offering form was filed on 2016-10-19. The reason for the financing was: unspecified.

Ocean Grove Resort Holdings is based in Georgia. The company’s business is Other Real Estate. The form D was filed by Robert M McCullough Sr. V.P. and CFO of EcoVest Capital, Inc., managing entity. The company was incorporated in 2016. The filler’s address is: 3424 Peachtree Road, Ne, Suite 1550, Atlanta, Ga, Georgia, 30326. Robert M. Mccullough is the related person in the form and it has address: 3424 Peachtree Road, Ne, Suite 1550, Atlanta, Ga, Georgia, 30326. Link to Ocean Grove Resort Holdings Filing: 000167357916000003.

Analysis of Ocean Grove Resort Holdings Offering

On average, startups in the Other Real Estate sector, sell 100.00% of the total offering size. Ocean Grove Resort Holdings sold 100.00% of the offering. Could this mean that the trust in Ocean Grove Resort Holdings is high? The average investment offering size for companies in the Other Real Estate industry is $931,000. The total amount raised is 1,885.21% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this fundraising is set at $19657. 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 Ocean Grove Resort Holdings Also

The Form D signed by Robert M McCullough might help Ocean Grove Resort Holdings, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment