Form D Flow: Presidential Concepts $576540 Financing. Mitchel Jaffe Published Nov 10 SEC form

Commercial Presidential Concepts, Llc - Mitchel Jaffe

Presidential Concepts Financing

Presidential Concepts, Llc, Limited Liability Company just had published form D regarding $576,540 equity financing. This is a new filing. Presidential Concepts was able to finance itself with $576,540. That is 100.00% of the round of financing. The total financing amount was $576,540. The financing form was filed on 2016-11-10. The reason for the financing was: Fully sold.

Presidential Concepts is based in Georgia. The filler’s business is Commercial. The D form was submitted by Mitchel Jaffe Manager of Issuer. The company was incorporated in 2016. The filler’s address is: 3300 Marjan Drive, Atlanta, Ga, Georgia, 30340. Mitchel C Jaffe is the related person in the form and it has address: 3300 Marjan Drive, Atlanta, Ga, Georgia, 30340. Link to Presidential Concepts Filing: 000168956716000001.

Analysis of Presidential Concepts Offering

On average, startups in the Commercial sector, sell 65.22% of the total offering amount. Presidential Concepts sold 100.00% of the offering. Could this mean that the trust in Presidential Concepts is high? The average offering amount for companies in the Commercial industry is $1.60 million. The offering was 63.97% smaller than the average of $1.60 million. Of course this should not be interpreted as negative. Businesses get financed for a variety of needs and reasons. The minimum investment for this financing was set at $2000. 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 Presidential Concepts Also

The Form D signed by Mitchel Jaffe might help Presidential Concepts, 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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