Azahar Coffee Company Financing
Azahar Coffee Company, Llc, Limited Liability Company just had published form D regarding $1.50 million equity financing. This is a new filing. Azahar Coffee Company was able to finance itself with $999,996 so far. That is 66.65% of the fundraising offer. The total offering amount was $1.50 million. The form was filed on 2016-11-04. The reason for the financing was: unspecified. The fundraising still has about $500,332 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Azahar Coffee Company is based in New York. The company’s business is not disclosed. The SEC form was submitted by Tyler Youngblood Chief Executive Officer. The company was incorporated in 2011. The filler’s address is: 325 East 77Th St, Apt 6G, New York, Ny, New York, 10075. Keith Schuman is the related person in the form and it has address: 325 East 77Th St, Apt 6G, New York, Ny, New York, 10075. Link to Azahar Coffee Company Filing: 000155501916000005.
Analysis of Azahar Coffee Company Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Azahar Coffee Company sold 66.65% of the offering. The financing is still open. The average investment size for companies in all industries in our database is $3.05 million. The offering was 67.21% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Companies raise funds for different needs and reasons. The minimum investment for this fundraising was set at $999996. 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 Azahar Coffee Company Also
The Form D signed by Tyler Youngblood might help Azahar Coffee Company, 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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