Form D To Observe: Ridgmar Venture $5.60 million Fundraising. David Utley Filed Nov 8 SEC form

Commercial Ridgmar Venture, Llc - David Utley

Ridgmar Venture Financing

Ridgmar Venture, Llc, Limited Liability Company just submitted form D for $5.60 million equity financing. This is a new filing. Ridgmar Venture, Llc is expected to fundraise $5.60 million in this round of financing. The total private offering amount was $5.60 million. The financing form was filed on 2016-11-08. The reason for the financing was: unspecified. The fundraising still has about $5.60 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Ridgmar Venture is based in California. The firm’s business is Commercial. The D form was submitted by David Utley Attorney In Fact. The company was incorporated in 2016. The filler’s address is: 1697 Oak Srteet, San Francisco, Ca, California, 94117. Jean-Marc Landau is the related person in the form and it has address: 1697 Oak Street, San Francisco, Ca, California, 94117. Link to Ridgmar Venture Filing: 000168950616000001.

Analysis of Ridgmar Venture Offering

On average, companies in the Commercial sector, sell 65.22% of the total offering size. Ridgmar Venture sold 0.00% of the offering. The fundraising is still open. The average offering size for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be interpreted as negative. Startups raise funds for different needs and reasons. The minimum investment for this fundraising was set at $75000. 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 Ridgmar Venture Also

The Form D signed by David Utley might help Ridgmar Venture, 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.

Related posts

Leave a Comment