Pivot Holdings II Financing
Pivot Holdings II Llc, Limited Liability Company just released form D about $5.00 million equity financing. This is a new filing. Pivot Holdings II was able to finance itself with $5.00 million. That is 100.00% of the round of financing. The total offering amount was $5.00 million. The private financing document was filed on 2016-11-01. The reason for the financing was: unspecified.
Pivot Holdings II is based in New York. The filler’s business is Investing. The form D was submitted by Akbar Poonawala Director of Pivot Investment Partners LLC, Manager. The company was incorporated in 2015. The filler’s address is: 25 Broadway, Suite 9019, New York, Ny, New York, 10004. Pivot Investment Partners Llc Pivot Investment Partners Llc is the related person in the form and it has address: 25 Broadway, Suite 9019, New York, Ny, New York, 10004. Link to Pivot Holdings II Filing: 000164492616000011.
Analysis of Pivot Holdings II Offering
On average, companies in the Investing sector, sell 66.70% of the total offering amount. Pivot Holdings II sold 100.00% of the offering. Could this mean that the trust in Pivot Holdings II is high? The average offering size for companies in the Investing industry is $1.41 million. The total amount raised is 254.86% bigger than the average for companies in the Investing sector. The minimum investment for this fundraising was set at $50000. 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 Pivot Holdings II Also
The Form D signed by Akbar Poonawala might help Pivot Holdings II 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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