Form D Worth Mentioning: State Line Distillery $612500 Financing. John Mleziva Filed Oct 31 SEC Form

Manufacturing State Line Distillery, Llc - John Mleziva

State Line Distillery Financing

State Line Distillery, Llc, Limited Liability Company just had published form D for $612,500 equity financing. The date of first sale was 2016-04-08. State Line Distillery was able to sell $612,500. That is 100.00% of the offering. The total private offering amount was $612,500. The form was filed on 2016-10-31. The reason for the financing was: Facility buildout, equipment procurement and working capital, which will include normal compensation to executive officer..

The filler’s business is Manufacturing. The D form was filed by John Mleziva Manager. The company was incorporated in 2014. The filler’s address is: 1109 Mohican Pass, Madison, Wi, Wisconsin, 53711. John Mleziva is the related person in the form and it has address: 1109 Mohican Pass, Madison, Wi, Wisconsin, 53711. Link to State Line Distillery Filing: 000089271216001970.

Analysis of State Line Distillery Offering

On average, firms in the Manufacturing sector, sell 59.50% of the total offering size. State Line Distillery sold 100.00% of the offering. Could this mean that the trust in State Line Distillery is high? The average investment offering size for companies in the Manufacturing industry is $763,000. The offering was 19.72% smaller than the average of $763,000. Of course this should not be taken as negative. Startups raise funds for different needs and reasons. The minimum investment for this offering is set at $12500. 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 State Line Distillery Also

The Form D signed by John Mleziva might help State Line Distillery, 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.

Related posts

Leave a Comment