Eos Surfaces L.L.C. Financing
Eos Surfaces L.L.C., Limited Liability Company just released form D about $2.00 million debt financing. This is a new filing. Eos Surfaces L.L.C. is expected to fundraise $2.00 million in this financing offer. The total offering amount was $2.00 million. The offering form was filed on 2016-11-01. The reason for the financing was: unspecified. The fundraising still has about $2.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Eos Surfaces L.L.C. is based in Virginia. The company’s business is Manufacturing. The form D was filed by Kenneth G Trinder II President and CEO. The company was incorporated more than five years ago. The filler’s address is: 301 East 20Th Street, Norfolk, Va, Virginia, 23517. Kenneth G. Trinder, Ii. is the related person in the form and it has address: 301 East 20Th Street, Norfolk, Va, Virginia, 23517. Link to Eos Surfaces L.L.C. Filing: 000152662616000004.
Analysis of Eos Surfaces L.L.C. Offering
On average, companies in the Manufacturing sector, sell 59.50% of the total offering amount. Eos Surfaces L.L.C. sold 0.00% of the offering. The financing is still open. The average investment offering size for companies in the Manufacturing industry is $763,000. The offering was 100.00% smaller than the average of $763,000. Of course this should not be taken as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this fundraising was set at $0. 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 Eos Surfaces L.L.C. Also
The Form D signed by Kenneth G Trinder II might help Eos Surfaces L.L.C.’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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