Form D Worth Mentioning: Kure $5.00 million Financing. Craig Brewer Submitted Oct 31 D form

Retailing Kure Corp. - Craig Brewer

Kure Financing

Kure Corp., Corporation just had published form D because of $5.00 million equity financing. This is a new filing. Kure Corp. is expected to sell $5.00 million in this fundraising. The total financing amount was $5.00 million. The fundraising form was filed on 2016-10-31. The reason for the financing was: unspecified. The fundraising still has about $5.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Kure is based in North Carolina. The filler’s business is Retailing. The SEC form was filed by Craig Brewer CEO. The company was incorporated in 2014. The filler’s address is: 1440 Westinghouse Blvd Suite L, Charlotte, Nc, North Carolina, 28278. Craig Brewer is the related person in the form and it has address: 1440 Westinghouse Blvd Suite L, Charlotte, Nc, North Carolina, 28278. Link to Kure Filing: 000160744316000003.

Analysis of Kure Offering

On average, startups in the Retailing sector, sell 71.70% of the total offering size. Kure sold 0.00% of the offering. The fundraising is still open. The average fundraising amount for companies in the Retailing industry is $45,600. The offering was 100.00% smaller than the average of $45,600. Of course this should not be seen as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this financing is set at $10000. 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 Kure Also

The Form D signed by Craig Brewer might help Kure Corp.’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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