Prime Finance Partners V Financing
Prime Finance Partners V, Inc., Corporation just filed form D because of $125,000 equity financing. This is a new filing. Prime Finance Partners V, Inc. is expected to fundraise $125,000 in this fundraising. The total fundraising amount was $125,000. The financing form was filed on 2016-11-09. The reason for the financing was: unspecified. The fundraising still has about $125,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Prime Finance Partners V is based in California. The firm’s business is REITS and Finance. The SEC form was submitted by John C Atwater President and Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: 50 California Street, Suite 2525, San Francisco, Ca, California, 94111. John C. Atwater is the related person in the form and it has address: 50 California Street, Suite 2525, San Francisco, Ca, California, 94111. Link to Prime Finance Partners V Filing: 000168953316000001.
Analysis of Prime Finance Partners V Offering
On average, firms in the REITS and Finance sector, sell 56.00% of the total offering amount. Prime Finance Partners V sold 0.00% of the offering. The fundraising is still open. The average investment offering size for companies in the REITS and Finance industry is $988,700. The offering was 100.00% smaller than the average of $988,700. Of course this should not be taken as negative. Firms raise funds for different reasons and needs. The minimum investment for this financing is set at $1000. 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 Prime Finance Partners V Also
The Form D signed by John C Atwater might help Prime Finance Partners V, Inc.’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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