For Success Holding Co Financing
For Success Holding Co, Corporation just submitted form D regarding $1.50 million equity financing. This is a new filing. For Success Holding Co was able to sell $1.02 million so far. That is 67.80% of the offering. The total financing amount was $1.50 million. This form was filed on 2016-10-31. The reason for the financing was: unspecified. The fundraising still has about $482,995 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
For Success Holding Co is based in California. The firm’s business is not disclosed. The form D was signed by Clement Kwan Vice President. The company was incorporated in 2015. The filler’s address is: 1340 E. 6Th St. #622, Los Angeles, Ca, California, 90021. Clement Kwan is the related person in the form and it has address: 1340 E. 6Th St. #622, Los Angeles, Ca, California, 90021. Link to For Success Holding Co Filing: 000168865016000001.
Analysis of For Success Holding Co Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. For Success Holding Co sold 67.80% of the offering. The fundraising is still open. Could this mean that the trust in For Success Holding Co is high? The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 66.66% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this fundraising is 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 For Success Holding Co Also
The Form D signed by Clement Kwan might help For Success Holding Co’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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