Cp Investment VIReit 1 Financing
Cp Investment VIReit 1, just submitted form D because of $125,000 equity financing. This is a new filing. Cp Investment VIReit 1 was able to fundraise $100,000. That is 80.00% of the financing round. The total fundraising amount was $125,000. The fundraising form was filed on 2016-11-09. The reason for the financing was: REIT Funding will be paid a consulting fee of approximately $21,700 from which it will pay placement fees; an affiliate of REIT Funding will be paid an initial fee of $1,000 and an annual fee of $6,500 for administrative services.. The fundraising still has about $25,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Cp Investment VIReit 1 is based in California. The filler’s business is REITS and Finance. The SEC form was submitted by Ron Zeff Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: Carmel Partners, Inc., 1000 Sansome Street, First Floor, San Francisco, Ca, California, 94111. Brian Smith is the related person in the form and it has address: C/O Carmel Partners, Inc., 1000 Sansome Street, First Floor, San Francisco, Ca, California, 94111. Link to Cp Investment VIReit 1 Filing: 000168964916000001.
Analysis of Cp Investment VIReit 1 Offering
On average, firms in the REITS and Finance sector, sell 56.00% of the total offering amount. Cp Investment VIReit 1 sold 80.00% of the offering. The fundraising is still open. Could this mean that the trust in Cp Investment VIReit 1 is high? The average financing size for companies in the REITS and Finance industry is $988,700. The offering was 89.89% smaller than the average of $988,700. Of course this should not be interpreted as negative. Companies raise funds for different needs and reasons. The minimum investment for this fundraising is set at $1000. 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 Cp Investment VIReit 1 Also
The Form D signed by Ron Zeff might help Cp Investment VIReit 1’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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