Cypressbrook Lufkin Financing
Cypressbrook Lufkin, Lp, Limited Partnership just filed form D about $3.50 million equity financing. This is a new filing. Cypressbrook Lufkin was able to sell $3.50 million. That is 100.00% of the fundraising offer. The total fundraising amount was $3.50 million. The offering form was filed on 2016-11-03. The reason for the financing was: unspecified.
Cypressbrook Lufkin is based in Texas. The company’s business is Residential. The form D was filed by Michael E Novelli on behalf of CL GP LLC President of CL GP, LLC. The company was incorporated in 2016. The filler’s address is: 1776 Woodstead Court, Suite 218, The Woodlands, Tx, Texas, 77380. Michael E. Novelli is the related person in the form and it has address: 1776 Woodstead Court, Suite 218, The Woodlands, Tx, Texas, 77380. Link to Cypressbrook Lufkin Filing: 000168911316000001.
Analysis of Cypressbrook Lufkin Offering
On average, companies in the Residential sector, sell 100.00% of the total offering amount. Cypressbrook Lufkin sold 100.00% of the offering. Could this mean that the trust in Cypressbrook Lufkin is high? The average offering amount for companies in the Residential industry is $178,000. The total amount raised is 1,866.29% bigger than the average for companies in the Residential sector. The minimum investment for this fundraising is set at $200000. If you know more about the reasons for the fundraising, 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 Cypressbrook Lufkin Also
The Form D signed by Michael E Novelli on behalf of CL GP LLC might help Cypressbrook Lufkin, Lp’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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