Newest Form D Filing: Shft Productions $100000 Financing. Mark Shays Submitted Nov 8 SEC form

Shft Productions Llc - Mark Shays

Shft Productions Financing

Shft Productions Llc, Limited Liability Company just filed form D about $100,000 equity financing. This is a new filing. Shft Productions was able to fundraise $10,000 so far. That is 10.00% of the round of financing. The total private offering amount was $100,000. The financing document was filed on 2016-11-08. The reason for the financing was: unspecified. The fundraising still has about $90,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Shft Productions is based in Alabama. The company’s business is not disclosed. The SEC form was signed by Mark Shays Manager. The company was incorporated in 2016. The filler’s address is: 9045 White Eyes Ave., Las Vegas, Nv, Nevada, 89143. Mark Shays is the related person in the form and it has address: 9045 White Eyes Ave, Las Vegas, Nv, Nevada, 89143. Link to Shft Productions Filing: 000168954516000001.

Analysis of Shft Productions Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Shft Productions sold 10.00% of the offering. The financing is still open. The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 99.67% smaller than the average of $3.05 million. Of course this should not be taken as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this offering is set at $5000. 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 Shft Productions Also

The Form D signed by Mark Shays might help Shft Productions 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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