Occ Equity Members Financing
Occ Equity Members, Llc, Limited Liability Company just submitted form D about $1.00 million equity financing. This is a new filing. Occ Equity Members was able to sell $78,000 so far. That is 7.80% of the fundraising offer. The total offering amount was $1.00 million. This form was filed on 2016-11-07. The reason for the financing was: Goal is to raise $160,000.00 from approximately our 100 owners/club members. To provide maximum flexibility , we specified a maximum of $1,000,000.00.. The fundraising still has about $922,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Occ Equity Members is based in Wisconsin. The filler’s business is not disclosed. The form D was submitted by Larry Bittner Treasurer. The company was incorporated more than five years ago. The filler’s address is: 11 W. Ripple Ave, Oshkosh, Wi, Wisconsin, 54902. Thomas Castle is the related person in the form and it has address: 11 W Ripple Ave, Oshkosh, Wi, Wisconsin, 54902. Link to Occ Equity Members Filing: 000151034416000004.
Analysis of Occ Equity Members Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Occ Equity Members sold 7.80% of the offering. The financing is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 97.44% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Firms get financed for different needs and reasons. The minimum investment for this fundraising was set at $2000. 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 Occ Equity Members Also
The Form D signed by Larry Bittner might help Occ Equity Members, 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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