Glass Valve Brewing Financing
Glass Valve Brewing, Llc, Limited Liability Company just filed form D because of $864,000 equity financing. This is a new filing. Glass Valve Brewing, Llc is expected to sell $864,000 in this financing offer. The total financing amount was $864,000. The financing document was filed on 2016-11-02. The reason for the financing was: The Class A Members are entitled to receive a guaranteed payment of $72,000 each, which will be paid, in whole or in part, from the proceeds of this offering.. The fundraising still has about $864,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Glass Valve Brewing is based in Maryland. The firm’s business is Manufacturing. The SEC form was signed by Robert Miller Attorney In Fact. The company was incorporated in 2016. The filler’s address is: 7671 Pine Knob Road, Pasadena, Md, Maryland, 21122. Brooks C Mcnew is the related person in the form and it has address: 7671 Pine Knob Road, Pasadena, Md, Maryland, 21122. Link to Glass Valve Brewing Filing: 000168895616000001.
Analysis of Glass Valve Brewing Offering
On average, companies in the Manufacturing sector, sell 59.50% of the total offering size. Glass Valve Brewing sold 0.00% of the offering. The financing is still open. The average financing 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 interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $27000. 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 Glass Valve Brewing Also
The Form D signed by Robert Miller might help Glass Valve Brewing, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.