Form D Reporting: Crossings Of Decatur $5.84 million Financing. James J Morrison Jr Published Nov 1 Filing

Commercial Crossings Of Decatur, Llc - James J Morrison Jr

Crossings Of Decatur Financing

Crossings Of Decatur, Llc, Limited Liability Company just filed form D about $5.84 million equity financing. This is a new filing. Crossings Of Decatur was able to finance itself with $5.44 million. That is 93.16% of the offering. The total offering amount was $5.84 million. The fundraising form was filed on 2016-11-01. The reason for the financing was: unspecified. The fundraising still has about $400,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Crossings Of Decatur is based in Alabama. The filler’s business is Commercial. The form was submitted by James J Morrison Jr Manager. The company was incorporated in 2016. The filler’s address is: 1235 Point Mallard Parkway, Decatur, Al, Alabama, 35601. 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 Of Decatur Filing: 000168632316000004.

Analysis of Crossings Of Decatur Offering

On average, firms in the Commercial sector, sell 65.22% of the total offering amount. Crossings Of Decatur sold 93.16% of the offering. The fundraising is still open. Could this mean that the trust in Crossings Of Decatur is high? The average investment size for companies in the Commercial industry is $1.60 million. The total amount raised is 240.25% bigger than the average for companies in the Commercial sector. The minimum investment for this fundraising is set at $24135. 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 Crossings Of Decatur Also

The Form D signed by James J Morrison Jr might help Crossings Of Decatur, 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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