Gossett Jones Financing
Gossett Jones, Llc, Limited Liability Company just had published form D because of $6.00 million equity financing. This is a new filing. Gossett Jones, Llc is expected to finance itself with $6.00 million in this financing round. The total financing amount was $6.00 million. This form was filed on 2016-10-25. The reason for the financing was: unspecified. The fundraising still has about $6.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Gossett Jones is based in Texas. The company’s business is Residential. The form was filed by Jared M Gossett Manager. The filler’s address is: 1702-B West 6Th Street, Austin, Tx, Texas, 78703. Jared M. Gossett is the related person in the form and it has address: 1702-B West Sixth Street, Austin, Tx, Texas, 78703. Link to Gossett Jones Filing: 000168871016000001.
Analysis of Gossett Jones Offering
On average, startups in the Residential sector, sell 100.00% of the total offering size. Gossett Jones sold 0.00% of the offering. The financing is still open. The average fundraising amount for companies in the Residential industry is $178,000. The offering was 100.00% smaller than the average of $178,000. Of course this should not be interpreted as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this financing is set at $25000. 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 Gossett Jones Also
The Form D signed by Jared M Gossett might help Gossett Jones, 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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