Form D Summary: Slate Wds $5.00 million Fundraising. Erik Ginsberg Published Nov 9 Form D

Slate Wds, Llc - Erik Ginsberg

Slate Wds Financing

Slate Wds, Llc, Limited Liability Company just released form D because of $5.00 million equity financing. This is a new filing. Slate Wds was able to finance itself with $5.00 million. That is 100.00% of the financing round. The total financing amount was $5.00 million. The financing document was filed on 2016-11-09. The reason for the financing was: unspecified.

Slate Wds is based in Maryland. The company’s business is not disclosed. The form was filed by Erik Ginsberg Managing Member of the Manager of the Issuer. The company was incorporated in 2016. The filler’s address is: 2 East Read Street, Baltimore, Md, Maryland, 21202. Erik Ginsberg is the related person in the form and it has address: 2 East Read Street, Baltimore, Md, Maryland, 21202. Link to Slate Wds Filing: 000168917616000001.

Analysis of Slate Wds Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Slate Wds sold 100.00% of the offering. Could this mean that the trust in Slate Wds is high? The average fundraising size for companies in all industries in our database is $3.05 million. The total amount raised is 63.93% bigger than the average for companies in the database. The minimum investment for this financing was set at $1. 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 Slate Wds Also

The Form D signed by Erik Ginsberg might help Slate Wds, 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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