Imfi Sb Apartments Financing
Imfi Sb Apartments, Lp, Limited Liability Company just filed form D regarding $3.10 million equity financing. This is a new filing. Imfi Sb Apartments, Lp is expected to fundraise $3.10 million in this offering. The total fundraising amount was $3.10 million. The fundraising form was filed on 2016-11-08. The reason for the financing was: 4% of the Property purchase price.. The fundraising still has about $3.10 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Imfi Sb Apartments is based in Texas. The firm’s business is Commercial. The form D was submitted by David Utley Attorney In Fact. The company was incorporated in 2016. The filler’s address is: 1700 Baywood Drive, Bay City, Tx, Texas, 77414. Graciela Ybarra is the related person in the form and it has address: 1700 Baywood Drive, Bay City, Tx, Texas, 77414. Link to Imfi Sb Apartments Filing: 000168949516000001.
Analysis of Imfi Sb Apartments Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering size. Imfi Sb Apartments sold 0.00% of the offering. The financing is still open. The average investment 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 seen as negative. Companies get financed for a variety of needs and reasons. The minimum investment for this offering was set at $100000. 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 Imfi Sb Apartments Also
The Form D signed by David Utley might help Imfi Sb Apartments, Lp’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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