Mayfield Holdings Financing
Mayfield Holdings, Llc, Limited Liability Company just released form D about $5.50 million equity financing. This is a new filing. Mayfield Holdings was able to finance itself with $250,000 so far. That is 4.55% of the financing offer. The total financing amount was $5.50 million. The form was filed on 2016-11-03. The reason for the financing was: Aggregate of estimated minimum management fees and construction costs, together with the payment of an outstanding loan, to be paid to entities affiliated with certain of such persons.. The fundraising still has about $5.25 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Mayfield Holdings is based in Oklahoma. The firm’s business is Agriculture. The form D was signed by Danny Federhofer President/CEO. The company was incorporated in 2016. The filler’s address is: 54 Sea Lavender Ct., O’fallon, Mo, Missouri, 63366. Danny Federhofer is the related person in the form and it has address: 54 Sea Lavender Ct., O’fallon, Mo, Missouri, 63366. Link to Mayfield Holdings Filing: 000167865416000001.
Analysis of Mayfield Holdings Offering
On average, startups in the Agriculture sector, sell 63.30% of the total offering size. Mayfield Holdings sold 4.55% of the offering. The fundraising is still open. The average financing size for companies in the Agriculture industry is $287,000. The offering was 12.89% smaller than the average of $287,000. Of course this should not be seen as negative. Companies get financed for a variety of needs and reasons. The minimum investment for this fundraising was set at $250000. 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 Mayfield Holdings Also
The Form D signed by Danny Federhofer might help Mayfield 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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