Trans Atlantics Hospitality Financing
Trans Atlantics Hospitality, Llc, Limited Liability Company just released form D regarding $5.00 million equity financing. This is a new filing. Trans Atlantics Hospitality, Llc is expected to fundraise $5.00 million in this fundraising. The total financing amount was $5.00 million. The financing 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.
Trans Atlantics Hospitality is based in Alabama. The company’s business is Other Real Estate. The D form was signed by Issayas Haile Managing Director. The company was incorporated in 2016. The filler’s address is: 7321 W 51 Street, Sioux Falls, Sd, South Dakota, 57106. Ike Haile is the related person in the form and it has address: Pob 90813, Sioux Falls, Sd, South Dakota, 57109. Link to Trans Atlantics Hospitality Filing: 000168851316000001.
Analysis of Trans Atlantics Hospitality Offering
On average, companies in the Other Real Estate sector, sell 100.00% of the total offering size. Trans Atlantics Hospitality sold 0.00% of the offering. The financing is still open. The average offering size for companies in the Other Real Estate industry is $931,000. The offering was 100.00% smaller than the average of $931,000. Of course this should not be interpreted as negative. Businesses raise funds for a variety of reasons and needs. The minimum investment for this financing was set at $25000. 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 Trans Atlantics Hospitality Also
The Form D signed by Issayas Haile might help Trans Atlantics Hospitality, 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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