14 Walnut Financing
14 Walnut Llc, Limited Liability Company just filed form D about $4.50 million equity financing. This is a new filing. 14 Walnut Llc is expected to finance itself with $4.50 million in this financing offer. The total private offering amount was $4.50 million. The form was filed on 2016-11-10. The reason for the financing was: unspecified. The fundraising still has about $4.50 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
14 Walnut is based in Minnesota. The company’s business is Residential. The SEC form was submitted by Brian Roers Manager of the Issuer’s Manager. The company was incorporated in 2016. The filler’s address is: 1964 West Wayzata Boulevard, Suite 200, Long Lake, Mn, Minnesota, 55356. Brian Roers is the related person in the form and it has address: 1964 West Wayzata Boulevard, Suite 200, Long Lake, Mn, Minnesota, 55356. Link to 14 Walnut Filing: 000168988916000001.
Analysis of 14 Walnut Offering
On average, companies in the Residential sector, sell 100.00% of the total offering amount. 14 Walnut sold 0.00% of the offering. The fundraising is still open. The average offering amount for companies in the Residential industry is $178,000. The offering was 100.00% smaller than the average of $178,000. Of course this should not be taken as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this financing was set at $100000. 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 14 Walnut Also
The Form D signed by Brian Roers might help 14 Walnut 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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