Today’s Form D Alert: Chaat Company $500000 Fundraising. Anshu Dua Released Nov 2 SEC Form

Manufacturing Chaat Company, Llc - Anshu Dua

Chaat Company Financing

Chaat Company, Llc, Limited Liability Company just filed form D regarding $500,000 debt financing. This is a new filing. Chaat Company was able to fundraise $55,000 so far. That is 11.00% of the offering. The total private financing amount was $500,000. The financing document was filed on 2016-11-02. The reason for the financing was: unspecified. The fundraising still has about $445,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Chaat Company is based in New York. The filler’s business is Manufacturing. The form D was submitted by Anshu Dua President and CEO. The company was incorporated in 2014. The filler’s address is: 120 E. 23Rd St, 5Th Floor, New York, Ny, New York, 10010. Anshu Dua is the related person in the form and it has address: 120 E. 23Rd St, 5Th Floor, New York, Ny, New York, 10010. Link to Chaat Company Filing: 000162383416000005.

Analysis of Chaat Company Offering

On average, startups in the Manufacturing sector, sell 59.50% of the total offering size. Chaat Company sold 11.00% of the offering. The fundraising is still open. The average investment size for companies in the Manufacturing industry is $763,000. The offering was 92.79% smaller than the average of $763,000. Of course this should not be taken as negative. Businesses get financed for a variety of needs and reasons. The minimum investment for this financing was set at $0. 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 Chaat Company Also

The Form D signed by Anshu Dua might help Chaat Company, 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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