Form D On Watch: Midwestern Financial $2.25 million Fundraising. John C Hooff Jr Released Oct 26 Form D

Midwestern Financial, Llc - John C Hooff Jr

Midwestern Financial Financing

Midwestern Financial, Llc, Limited Liability Company just filed form D because of $2.25 million debt financing. This is a new filing. Midwestern Financial was able to sell $2.25 million. That is 100.00% of the round of financing. The total fundraising amount was $2.25 million. This form was filed on 2016-10-26. The reason for the financing was: unspecified.

Midwestern Financial is based in Georgia. The firm’s business is not disclosed. The D form was filed by John C Hooff Jr President. The company was incorporated in 2016. The filler’s address is: 22 West Bryan Street, Suite 208, Savannah, Ga, Georgia, 31401. John C. Hooff, Iii is the related person in the form and it has address: 22 W. Bryan Street, Ste. 208, Savannah, Ga, Georgia, 31410. Link to Midwestern Financial Filing: 000168811716000001.

Analysis of Midwestern Financial Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Midwestern Financial sold 100.00% of the offering. Could this mean that the trust in Midwestern Financial is high? The average investment size for companies in all industries in our database is $3.05 million. The offering was 26.23% smaller than the average of $3.05 million. Of course this should not be taken as negative. Firms get financed for different needs and reasons. The minimum investment for this financing was set at $30000. 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 Midwestern Financial Also

The Form D signed by John C Hooff Jr might help Midwestern Financial, 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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