8Th Line Investments Financing
8Th Line Investments, Llc, Limited Liability Company just filed form D because of $500,000 equity financing. This is a new filing. 8Th Line Investments, Llc is expected to sell $500,000 in this financing offer. The total offering amount was $500,000. The financing form was filed on 2016-11-04. The reason for the financing was: unspecified. The fundraising still has about $500,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
8Th Line Investments is based in Alabama. The filler’s business is Investing. The form D was submitted by James Murray Managing Member of Issuer’s Managing Member. The company was incorporated in 2016. The filler’s address is: 1460 Broadway, New York, Ny, New York, 10036. James Murray is the related person in the form and it has address: 1460 Broadway, New York, Ny, New York, 10036. Link to 8Th Line Investments Filing: 000168837316000001.
Analysis of 8Th Line Investments Offering
On average, startups in the Investing sector, sell 66.70% of the total offering size. 8Th Line Investments sold 0.00% of the offering. The fundraising is still open. The average investment floor 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 interpreted as negative. Businesses raise funds for a variety of reasons and needs. The minimum investment for this offering 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 8Th Line Investments Also
The Form D signed by James Murray might help 8Th Line Investments, 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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