Faf Llc, Limited Liability Company just filed form D announcing $810,000 equity financing. This is a new filing. Faf Llc is expected to fundraise $810,000 in this financing offer. The total offering amount was $810,000. The form was filed on 2016-11-04. The reason for the financing was: unspecified. The fundraising still has about $810,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Faf is based in Alabama. The firm’s business is Investing. The SEC form was signed by Edward G Carow Manager. The company was incorporated in 2016. The filler’s address is: 5040 Rolling Meadows Drive, New Berlin, Wi, Wisconsin, 53146. Edward G. Carow is the related person in the form and it has address: 5040 Rolling Meadows Drive, New Berlin, Wi, Wisconsin, 53146. Link to Faf Filing: 000168923816000001.
Analysis of Faf Offering
On average, startups in the Investing sector, sell 66.70% of the total offering size. Faf sold 0.00% of the offering. The fundraising is still open. The average fundraising size for companies in the Investing industry is $1.41 million. The offering was 100.00% smaller than the average of $1.41 million. Of course this should not be seen as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this fundraising was set at $50000. 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 Faf Also
The Form D signed by Edward G Carow might help Faf 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.