Baluch Brothers Development Financing
Baluch Brothers Development, Llc, Limited Liability Company just had published form D about $300,000 debt financing. This is a new filing. Baluch Brothers Development, Llc is expected to finance itself with $300,000 in this fundraising. The total financing amount was $300,000. The fundraising form was filed on 2016-11-04. The reason for the financing was: unspecified. The fundraising still has about $300,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Baluch Brothers Development is based in Alabama. The firm’s business is Residential. The form was signed by amir baluch principal. The company was incorporated in 2016. The filler’s address is: 2200 Victory Ave #902, Dallas, Tx, Texas, 75219. Amir Baluch is the related person in the form and it has address: 2200 Victory Ave #902, Dallas, Tx, Texas, 75219. Link to Baluch Brothers Development Filing: 000168782316000001.
Analysis of Baluch Brothers Development Offering
On average, startups in the Residential sector, sell 100.00% of the total offering amount. Baluch Brothers Development sold 0.00% of the offering. The financing is still open. The average investment size for companies in the Residential industry is $178,000. The offering was 100.00% smaller than the average of $178,000. Of course this should not be seen as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this fundraising was set at $10000. 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 Baluch Brothers Development Also
The Form D signed by amir baluch might help Baluch Brothers Development, 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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