Mpg Jv Financing
Mpg Jv Llc, Limited Liability Company just submitted form D announcing $10.40 million equity financing. This is a new filing. Mpg Jv was able to sell $3.62 million so far. That is 34.81% of the fundraising offer. The total financing amount was $10.40 million. The offering form was filed on 2016-11-03. The reason for the financing was: unspecified. The fundraising still has about $6.78 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Mpg Jv is based in Ohio. The firm’s business is Residential. The form D was submitted by Paul E Kiebler IV Manager of Member of Managing Member of Issuer. The company was incorporated in 2016. The filler’s address is: 30195 Chagrin Blvd., Suite 320, Pepper Pike, Oh, Ohio, 44124. Kenneth M. Lapine is the related person in the form and it has address: 30195 Chagrin Blvd., Suite 320, Pepper Pike, Oh, Ohio, 44124. Link to Mpg Jv Filing: 000168868816000001.
Analysis of Mpg Jv Offering
On average, firms in the Residential sector, sell 100.00% of the total offering amount. Mpg Jv sold 34.81% of the offering. The financing is still open. The average investment size for companies in the Residential industry is $178,000. The total amount raised is 1,933.71% bigger than the average for companies in the Residential sector. The minimum investment for this fundraising is 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 Mpg Jv Also
The Form D signed by Paul E Kiebler IV might help Mpg Jv 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.