Curtis Mathes Financing
Curtis Mathes, Inc., Corporation just filed form D because of $200,000 equity financing. This is a new filing. Curtis Mathes was able to finance itself with $200,000. That is 100.00% of the round of financing. The total private offering amount was $200,000. The private financing document was filed on 2016-10-31. The reason for the financing was: unspecified.
Curtis Mathes is based in Texas. The company’s business is Manufacturing. The D form was signed by Paul Williams Chairman of the Board. The company was incorporated in 2013. The filler’s address is: 6201 Technology Drive, Suite 103, Frisco, Tx, Texas, 75033. Eric Hill is the related person in the form and it has address: 6201 Technology Drive, Suite 103, Frisco, Tx, Texas, 75033. Link to Curtis Mathes Filing: 000159278616000004.
Analysis of Curtis Mathes Offering
On average, startups in the Manufacturing sector, sell 59.50% of the total offering size. Curtis Mathes sold 100.00% of the offering. Could this mean that the trust in Curtis Mathes is high? The average offering amount for companies in the Manufacturing industry is $763,000. The offering was 73.79% smaller than the average of $763,000. Of course this should not be seen as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this fundraising is set at $5000. 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 Curtis Mathes Also
The Form D signed by Paul Williams might help Curtis Mathes, Inc.’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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