Txl Holding Financing
Txl Holding Corp, Corporation just submitted form D regarding $336,056 equity financing. This is a new filing. Txl Holding was able to sell $336,056. That is 100.00% of the round of financing. The total fundraising amount was $336,056. The private financing document was filed on 2016-11-04. The reason for the financing was: This filing relates to grant and sales under the TXL Holding Corporation 2008 Stock Option Plan at prices determined at the time of grant. For this purpose Options are valued at their exercise price..
Txl Holding is based in New York. The company’s business is not disclosed. The form was filed by Barbara L Burns Vice President and Secretary. The company was incorporated more than five years ago. The filler’s address is: C/O Aea Investors Lp, 666 Fifth Avenue, 36Th Floor, New York, Ny, New York, 10103. John F. Cozzi is the related person in the form and it has address: C/O Aea Investors Lp, 666 Fifth Avenue, 36Th Floor, New York, Ny, New York, 10103. Link to Txl Holding Filing: 000089534516000592.
Analysis of Txl Holding Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Txl Holding sold 100.00% of the offering. Could this mean that the trust in Txl Holding is high? The average offering amount for companies in all industries in our database is $3.05 million. The offering was 88.98% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this fundraising is 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 Txl Holding Also
The Form D signed by Barbara L Burns might help Txl Holding Corp’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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