Wxz Retail Group/Norwalk Financing
Wxz Retail Group/Norwalk, Llc, Limited Liability Company just filed form D announcing $155,000 equity financing. This is a new filing. Wxz Retail Group/Norwalk was able to finance itself with $155,000. That is 100.00% of the round of financing. The total offering amount was $155,000. The fundraising form was filed on 2016-11-04. The reason for the financing was: unspecified.
Wxz Retail Group/Norwalk is based in Alabama. The company’s business is Commercial. The form was submitted by James R Wymer President. The company was incorporated in 2016. The filler’s address is: 22720 Fairview Center Drive, Suite 150, Fairview Park, Oh, Ohio, 44126. James R. Wymer is the related person in the form and it has address: 22720 Fairview Center Drive, Suite 150, Fairview Park, Oh, Ohio, 44126. Link to Wxz Retail Group/Norwalk Filing: 000168889016000002.
Analysis of Wxz Retail Group/Norwalk Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering size. Wxz Retail Group/Norwalk sold 100.00% of the offering. Could this mean that the trust in Wxz Retail Group/Norwalk is high? The average fundraising amount for companies in the Commercial industry is $1.60 million. The offering was 90.31% smaller than the average of $1.60 million. Of course this should not be taken as negative. Firms raise funds for different reasons and needs. The minimum investment for this fundraising is set at $5000. 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 Wxz Retail Group/Norwalk Also
The Form D signed by James R Wymer might help Wxz Retail Group/Norwalk, 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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