Full Tilt Holdings Financing
Full Tilt Holdings, Llc, Limited Liability Company just submitted form D about $900,000 equity financing. This is a new filing. Full Tilt Holdings, Llc is expected to sell $900,000 in this round of financing. The total financing amount was $900,000. The fundraising form was filed on 2016-11-02. The reason for the financing was: unspecified. The fundraising still has about $900,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Full Tilt Holdings is based in Maryland. The filler’s business is Restaurants. The form was submitted by Robert Miller Attorney In Fact. The company was incorporated in 2016. The filler’s address is: 2529 Fleet Street, Baltimore, Md, Maryland, 21224. Nicholas Fertig is the related person in the form and it has address: 2529 Fleet Street, Baltimore, Md, Maryland, 21224. Link to Full Tilt Holdings Filing: 000168909516000001.
Analysis of Full Tilt Holdings Offering
On average, firms in the Restaurants sector, sell 99.00% of the total offering amount. Full Tilt Holdings sold 0.00% of the offering. The financing is still open. The average fundraising size for companies in the Restaurants industry is $302,000. The offering was 100.00% smaller than the average of $302,000. Of course this should not be taken as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing was set at $25000. 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 Full Tilt Holdings Also
The Form D signed by Robert Miller might help Full Tilt Holdings, 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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