Kansas City Hotel Qp Financing
Kansas City Hotel Qp, Llc, Limited Liability Company just released form D because of $6.90 million equity financing. This is a new filing. Kansas City Hotel Qp was able to fundraise $3.13 million so far. That is 45.29% of the financing round. The total offering amount was $6.90 million. This form was filed on 2016-10-28. The reason for the financing was: Aggregate contributions to both issuers. The fundraising still has about $3.78 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Kansas City Hotel Qp is based in Illinois. The filler’s business is Other Real Estate. The SEC form was submitted by Sherwin Jarol Chief Executive Officer of SMB Equity, LLC. The company was incorporated in 2016. The filler’s address is: 111 E. Wacker Drive, Suite 900, Chicago, Il, Illinois, 60601. Smb Manager, Llc is the related person in the form and it has address: 111 E. Wacker Drive, Suite 900, Chicago, Il, Illinois, 60601. Link to Kansas City Hotel Qp Filing: 000168881716000001.
Analysis of Kansas City Hotel Qp Offering
On average, firms in the Other Real Estate sector, sell 100.00% of the total offering size. Kansas City Hotel Qp sold 45.29% of the offering. The financing is still open. The average investment size for companies in the Other Real Estate industry is $931,000. The total amount raised is 235.66% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this financing is set at $15000. 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 Kansas City Hotel Qp Also
The Form D signed by Sherwin Jarol might help Kansas City Hotel Qp, 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.