Lics Capital Financing
Lics Capital, Llc, Limited Liability Company just had published form D regarding $50.00 million equity financing. The date of first sale was . Lics Capital, Llc is expected to finance itself with $50.00 million in this fundraising offer. The total private financing amount was $50.00 million. The fundraising form was filed on 2016-11-07. The reason for the financing was: Not currently selling at this time. No further action necessary.. The fundraising still has about $50.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Lics Capital is based in California. The filler’s business is Investing. The form D was filed by Stuart G Lewis Managing Member. The company was incorporated in 2016. The filler’s address is: 9350 Wilshire Blvd., Suite 203, Beverly Hills, Ca, California, 90212. Stuart G Lewis is the related person in the form and it has address: 9350 Wilshire Blvd., Suite 203, Beverly Hills, Ca, California, 90212. Link to Lics Capital Filing: 000167136316000002.
Analysis of Lics Capital Offering
On average, firms in the Investing sector, sell 66.70% of the total offering amount. Lics Capital sold 0.00% of the offering. The financing is still open. The average investment 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 taken as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $500000. 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 Lics Capital Also
The Form D signed by Stuart G Lewis might help Lics Capital, 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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