Form D Worth Mentioning: Ellwand Shooting Sports Academy $9.00 million Fundraising. David P Gemperle Submitted Nov 9 Form D

Ellwand Shooting Sports Academy, Llc - David P Gemperle

Ellwand Shooting Sports Academy Financing

Ellwand Shooting Sports Academy, Llc, Limited Liability Company just filed form D because of $9.00 million debt financing. This is a new filing. Ellwand Shooting Sports Academy was able to fundraise $205,000 so far. That is 2.28% of the financing offer. The total private financing amount was $9.00 million. This form was filed on 2016-11-09. The reason for the financing was: unspecified. The fundraising still has about $8.80 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Ellwand Shooting Sports Academy is based in Alabama. The filler’s business is not disclosed. The form was submitted by David P Gemperle President. The company was incorporated in 2015. The filler’s address is: 138 Wiegand Drive, Suite 100, Cranberry Township, Pa, Pennsylvania, 16066. David Patrick Gemperle is the related person in the form and it has address: 138 Wiegand Drive, Cranberry Twp., Pa, Pennsylvania, 16066. Link to Ellwand Shooting Sports Academy Filing: 000168761516000004.

Analysis of Ellwand Shooting Sports Academy Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Ellwand Shooting Sports Academy sold 2.28% of the offering. The fundraising is still open. The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 93.28% smaller than the average of $3.05 million. Of course this should not be taken as negative. Businesses get financed for different reasons and needs. The minimum investment for this fundraising was set at $0. 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 Ellwand Shooting Sports Academy Also

The Form D signed by David P Gemperle might help Ellwand Shooting Sports Academy, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment