Price Polo Run Financing
Price Polo Run, L.P., Limited Partnership just released form D for $12.33 million equity financing. This is a new filing. Price Polo Run was able to sell $100,000 so far. That is 0.81% of the financing offer. The total private offering amount was $12.33 million. The private financing document was filed on 2016-11-03. The reason for the financing was: unspecified. The fundraising still has about $12.23 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Price Polo Run is based in Alabama. The firm’s business is Residential. The form was filed by Michael J Ochstein Manager of General Partner. The company was incorporated more than five years ago. The filler’s address is: 4125 Centurion Way, Suite 200, Addison, Tx, Texas, 75001. Price Millenium Seven, L.P. is the related person in the form and it has address: 4125 Centurion Way, Suite 200, Addison, Tx, Texas, 75001. Link to Price Polo Run Filing: 000168930016000001.
Analysis of Price Polo Run Offering
On average, firms in the Residential sector, sell 100.00% of the total offering size. Price Polo Run sold 0.81% of the offering. The financing is still open. The average investment floor size for companies in the Residential industry is $178,000. The offering was 43.82% smaller than the average of $178,000. Of course this should not be taken as negative. Firms raise funds for different needs and reasons. The minimum investment for this fundraising is set at $100000. 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 Price Polo Run Also
The Form D signed by Michael J Ochstein might help Price Polo Run, L.P.’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.