Form D Action: Remine $1.33 million Financing. Daniel Huertas Released Oct 28 Form D

Technology Remine Llc - Daniel Huertas

Remine Financing

Remine Llc, Limited Liability Company just had published form D regarding $1.33 million debt financing. This is a new filing. Remine was able to fundraise $1.33 million. That is 100.00% of the round of financing. The total offering amount was $1.33 million. The form was filed on 2016-10-28. The reason for the financing was: unspecified.

Remine is based in Virginia. The company’s business is Other Technology. The SEC form was signed by Daniel Huertas Member. The company was incorporated in 2016. The filler’s address is: 7115 Leesburg Pike, Suite 215, Falls Church, Va, Virginia, 22043. Leo Pareja is the related person in the form and it has address: 7115 Leesburg Pike, Suite 215, Falls Church, Va, Virginia, 22043. Link to Remine Filing: 000168913016000001.

Analysis of Remine Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Remine sold 100.00% of the offering. Could this mean that the trust in Remine is high? The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 13.96% smaller than the average of $1.54 million. Of course this should not be seen as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this offering was set at $0. 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 Remine Also

The Form D signed by Daniel Huertas might help Remine 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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