Crossings Gl Financing
Crossings Gl Llc, Limited Liability Company just had published form D regarding $195,000 equity financing. This is a new filing. Crossings Gl was able to sell $195,000. That is 100.00% of the offering. The total private offering amount was $195,000. The fundraising form was filed on 2016-11-01. The reason for the financing was: unspecified.
Crossings Gl is based in Alabama. The company’s business is Commercial. The D form was filed by James J MorrisonJr Manager. The company was incorporated in 2016. The filler’s address is: 1235 Point Mallard Parkway, Decatur, Al, Alabama, 70115. James Johnston Morrison, Jr. is the related person in the form and it has address: 5119 Magazine St, New Orleans, La, Louisiana, 70115. Link to Crossings Gl Filing: 000168632316000005.
Analysis of Crossings Gl Offering
On average, companies in the Commercial sector, sell 65.22% of the total offering size. Crossings Gl sold 100.00% of the offering. Could this mean that the trust in Crossings Gl is high? The average investment floor size for companies in the Commercial industry is $1.60 million. The offering was 87.81% smaller than the average of $1.60 million. Of course this should not be interpreted as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this fundraising is set at $864. 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 Crossings Gl Also
The Form D signed by James J MorrisonJr might help Crossings Gl 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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