Jeremiah’s Italian Ice 111 Financing
Jeremiah’s Italian Ice 111, Llc, Limited Liability Company just filed form D for $115,150 equity financing. This is a new filing. Jeremiah’s Italian Ice 111 was able to finance itself with $115,150. That is 100.00% of the financing offer. The total private financing amount was $115,150. The fundraising form was filed on 2016-11-08. The reason for the financing was: unspecified.
Jeremiah’s Italian Ice 111 is based in Alabama. The company’s business is Restaurants. The SEC form was filed by Jeremy Litwack Jeremiah’s Italian Ice Holdings, LLC, Jeremy Litwack, Member. The company was incorporated in 2016. The filler’s address is: 501 N. Wymore Road, Winter Park, Fl, Florida, 32789. Jeremy Litwack is the related person in the form and it has address: 501 N. Wymore Road, Winter Park, Fl, Florida, 32789. Link to Jeremiah’s Italian Ice 111 Filing: 000168946716000001.
Analysis of Jeremiah’s Italian Ice 111 Offering
On average, startups in the Restaurants sector, sell 99.00% of the total offering amount. Jeremiah’s Italian Ice 111 sold 100.00% of the offering. Could this mean that the trust in Jeremiah’s Italian Ice 111 is high? The average investment size for companies in the Restaurants industry is $302,000. The offering was 61.87% smaller than the average of $302,000. Of course this should not be seen as negative. Companies get financed for different reasons and needs. The minimum investment for this financing was set at $38000. 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 Jeremiah’s Italian Ice 111 Also
The Form D signed by Jeremy Litwack might help Jeremiah’s Italian Ice 111, 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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