Hmm Partners Venture II Financing
Hmm Partners Venture II, Llc, Limited Liability Company just released form D about $650,000 equity financing. This is a new filing. Hmm Partners Venture II was able to sell $50,000 so far. That is 7.69% of the offering. The total fundraising amount was $650,000. The fundraising form was filed on 2016-11-09. The reason for the financing was: unspecified. The fundraising still has about $600,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Hmm Partners Venture II is based in Alabama. The firm’s business is Residential. The SEC form was filed by Merrill Kaliser Attorney in Fact. The company was incorporated in 2016. The filler’s address is: 4209 Gateway Drive Suite 200, Colleyville, Tx, Texas, 76034. Dax Mitchell is the related person in the form and it has address: 4209 Gateway Drive Suite 200, Colleville, Tx, Texas, 76034. Link to Hmm Partners Venture II Filing: 000168972816000001.
Analysis of Hmm Partners Venture II Offering
On average, companies in the Residential sector, sell 100.00% of the total offering size. Hmm Partners Venture II sold 7.69% of the offering. The financing is still open. The average investment floor size for companies in the Residential industry is $178,000. The offering was 71.91% smaller than the average of $178,000. Of course this should not be taken as negative. Companies get financed for different reasons and needs. The minimum investment for this fundraising was set at $25000. 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 Hmm Partners Venture II Also
The Form D signed by Merrill Kaliser might help Hmm Partners Venture II, 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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