Form D Worth Mentioning Today: Home Ec $750000 Financing. Jared Levy Filed Nov 3 Form D

Home Ec Inc. - Jared Levy

Home Ec Financing

Home Ec Inc., Corporation just submitted form D for $750,000 debt financing. This is a new filing. Home Ec was able to finance itself with $550,000 so far. That is 73.33% of the financing offer. The total private financing amount was $750,000. The offering form was filed on 2016-11-03. The reason for the financing was: unspecified. The fundraising still has about $200,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Home Ec is based in California. The filler’s business is not disclosed. The form D was submitted by Jared Levy President. The company was incorporated more than five years ago. The filler’s address is: 706 S. Hill Street Suite 1060, Los Angeles, Ca, California, 90014. Jared Levy is the related person in the form and it has address: 706 S. Hill Street Suite 1060, Los Angeles, Ca, California, 90014. Link to Home Ec Filing: 000152856616000003.

Analysis of Home Ec Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Home Ec sold 73.33% of the offering. The fundraising is still open. Could this mean that the trust in Home Ec is high? The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 81.97% smaller than the average of $3.05 million. Of course this should not be seen as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this fundraising is set at $25000. 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 Home Ec Also

The Form D signed by Jared Levy might help Home Ec 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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