Chassisleaseco Llc, Limited Liability Company just had published form D because of $1.25 million equity financing. This is a new filing. Chassisleaseco was able to finance itself with $1.25 million. That is 100.00% of the round of financing. The total private financing amount was $1.25 million. The fundraising form was filed on 2016-11-04. The reason for the financing was: unspecified.
Chassisleaseco is based in Louisiana. The company’s business is not disclosed. The SEC form was signed by Clay W Escude Attorney duly authorized by the President of the Issuer. The company was incorporated in 2016. The filler’s address is: 3150 Lenox Park Blvd., Ste. 312, Memphis, Tn, Tennessee, 38115. Mark H. George is the related person in the form and it has address: 3150 Lenox Park Blvd., Suite 312, Memphis, Tn, Tennessee, 38115. Link to Chassisleaseco Filing: 000168926816000001.
Analysis of Chassisleaseco Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Chassisleaseco sold 100.00% of the offering. Could this mean that the trust in Chassisleaseco is high? The average offering size for companies in all industries in our database is $3.05 million. The offering was 59.02% smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups raise funds for different reasons and needs. The minimum investment for this fundraising is set at $0. 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 Chassisleaseco Also
The Form D signed by Clay W Escude might help Chassisleaseco 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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