Jag Partnership Financing
Jag Partnership, General Partnership just released form D announcing $1.50 million equity financing. This is a new filing. Jag Partnership was able to sell $75,000 so far. That is 5.00% of the fundraising offer. The total financing amount was $1.50 million. The private financing document was filed on 2016-11-10. The reason for the financing was: Management Salaries.. The fundraising still has about $1.43 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Jag Partnership is based in Florida. The firm’s business is Investment Banking. The D form was filed by Thomas Paluzzi Vice President. The company was incorporated in 2016. The filler’s address is: 4362 Northlake Blvd Suite 211, Palm Beach Gardens, Fl, Florida, 33410. Jerald A. Goldstein is the related person in the form and it has address: 4362 Northlake Blvd. Suite 211, Palm Beach Gardens, Fl, Florida, 33410. Link to Jag Partnership Filing: 000167853716000002.
Analysis of Jag Partnership Offering
On average, companies in the Investment Banking sector, sell 49.70% of the total offering size. Jag Partnership sold 5.00% of the offering. The fundraising is still open. The average investment offering size for companies in the Investment Banking industry is $502,000. The offering was 85.06% smaller than the average of $502,000. Of course this should not be taken as negative. Firms raise funds for different reasons and needs. The minimum investment for this fundraising is set at $15000. 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 Jag Partnership Also
The Form D signed by Thomas Paluzzi might help Jag Partnership’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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