Midway Lily Flagg Financing
Midway Lily Flagg, Llc, Limited Liability Company just released form D regarding $4.29 million equity financing. This is a new filing. Midway Lily Flagg was able to sell $4.29 million. That is 100.00% of the fundraising. The total private financing amount was $4.29 million. The offering form was filed on 2016-11-09. The reason for the financing was: No Commissions or Fees as such. However, Midway Investors, LLC, an affiliate of the Related Persons, received $250,000 for services: acquisition of real property, organizing and forming the Company, transitional management services and due diligence..
Midway Lily Flagg is based in New York. The company’s business is Residential. The SEC form was filed by Stephen J Swiatkiewicz Managing Member. The company was incorporated in 2016. The filler’s address is: C/O Midway Investors, 270 Lafayette Street, Suite 409, New York, Ny, New York, 10012. Roy M Korins is the related person in the form and it has address: C/O Midway Investors, 270 Lafayette Street, Suite 409, New York, Ny, New York, 10012. Link to Midway Lily Flagg Filing: 000168958916000001.
Analysis of Midway Lily Flagg Offering
On average, startups in the Residential sector, sell 100.00% of the total offering amount. Midway Lily Flagg sold 100.00% of the offering. Could this mean that the trust in Midway Lily Flagg is high? The average investment floor size for companies in the Residential industry is $178,000. The total amount raised is 2,311.52% bigger than the average for companies in the Residential sector. The minimum investment for this offering is set at $25000. 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 Midway Lily Flagg Also
The Form D signed by Stephen J Swiatkiewicz might help Midway Lily Flagg, 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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