Form D Don’t Lie: Mission 12:11 $1.75 million Fundraising. Rachael Jackson Released Nov 3 Filing

Mission 12:11, Inc. - Rachael Jackson

Mission 12:11 Financing

Mission 12:11, Inc., Corporation just released form D regarding $1.75 million equity financing. This is a new filing. Mission 12:11 was able to sell $40,000 so far. That is 2.29% of the financing round. The total private offering amount was $1.75 million. The financing document was filed on 2016-11-03. The reason for the financing was: unspecified. The fundraising still has about $1.71 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Mission 12:11 is based in Alabama. The filler’s business is not disclosed. The SEC form was filed by Rachael Jackson President. The company was incorporated in 2016. The filler’s address is: 600 Boulevard South, Sw, Suite 104, Huntsville, Al, Alabama, 35802. Rachael Jackson is the related person in the form and it has address: 600 Boulevard South, Sw, Suite 104, Huntsville, Al, Alabama, 35802. Link to Mission 12:11 Filing: 000168922516000001.

Analysis of Mission 12:11 Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Mission 12:11 sold 2.29% of the offering. The fundraising is still open. The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 98.69% smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups get financed for different needs and reasons. The minimum investment for this financing is set at $40000. 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 Mission 12:11 Also

The Form D signed by Rachael Jackson might help Mission 12:11, Inc.’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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