Form D Buzzer: Free Flow Wines $10.35 million Financing. Jordan Kivelstadt Submitted Oct 31 form D

Business Services Free Flow Wines, Llc - Jordan Kivelstadt

Free Flow Wines Financing

Free Flow Wines, Llc, Limited Liability Company just submitted form D announcing $10.35 million equity financing. The date of first sale was 2016-10-19. Free Flow Wines was able to finance itself with $10.35 million. That is 100.00% of the fundraising. The total fundraising amount was $10.35 million. The fundraising form was filed on 2016-10-31. The reason for the financing was: Amending total offering amount to $10,350,000..

Free Flow Wines is based in California. The firm’s business is Business Services. The D form was submitted by Jordan Kivelstadt President. The company was incorporated more than five years ago. The filler’s address is: 2557 Napa Valley Corporate Drive, Ste. A, Napa, Ca, California, 94558. Jordan Kivelstadt is the related person in the form and it has address: 2557 Napa Valley Corporate Dr, Suite A, Napa, Ca, California, 94558. Link to Free Flow Wines Filing: 000160181016000003.

Analysis of Free Flow Wines Offering

On average, firms in the Business Services sector, sell 69.04% of the total offering size. Free Flow Wines sold 100.00% of the offering. Could this mean that the trust in Free Flow Wines is high? The average offering amount for companies in the Business Services industry is $583,000. The total amount raised is 1,675.30% bigger than the average for companies in the Business Services sector. The minimum investment for this financing 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 Free Flow Wines Also

The Form D signed by Jordan Kivelstadt might help Free Flow Wines, 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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