Hgi Aif Select IIi Financing
Hgi Aif Select IIi, Llc, Limited Liability Company just released form D for $35.69 million equity financing. This is a new filing. Hgi Aif Select IIi was able to sell $35.69 million. That is 100.00% of the fundraising offer. The total financing amount was $35.69 million. The form was filed on 2016-11-09. The reason for the financing was: unspecified.
Hgi Aif Select IIi is based in Virginia. The firm’s business is Other Real Estate. The form was filed by T Richard Litton Jr Manager of HGI AIF VI Managing Co., LLC. The company was incorporated in 2016. The filler’s address is: 999 Waterside Drive, Suite 2300, Norfolk, Va, Virginia, 23510. Co., Llc Hgi Aif Vi Managing is the related person in the form and it has address: 999 Waterside Drive, Suite 2300, Norfolk, Va, Virginia, 23510. Link to Hgi Aif Select IIi Filing: 000168942616000001.
Analysis of Hgi Aif Select IIi Offering
On average, firms in the Other Real Estate sector, sell 100.00% of the total offering amount. Hgi Aif Select IIi sold 100.00% of the offering. Could this mean that the trust in Hgi Aif Select IIi is high? The average fundraising amount for companies in the Other Real Estate industry is $931,000. The total amount raised is 3,733.51% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this fundraising was set at $30000. 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 Hgi Aif Select IIi Also
The Form D signed by T Richard Litton Jr might help Hgi Aif Select IIi, 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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