Sanctus Ranch Financing
Sanctus Ranch Llc, Limited Liability Company just filed form D for $2.50 million debt financing. This is a new filing. Sanctus Ranch was able to fundraise $1.12 million so far. That is 44.60% of the fundraising offer. The total private financing amount was $2.50 million. The financing form was filed on 2016-11-08. The reason for the financing was: unspecified. The fundraising still has about $1.39 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Sanctus Ranch is based in Alabama. The firm’s business is Other Real Estate. The D form was filed by L Daniel Sevigny Manager. The company was incorporated in 2016. The filler’s address is: 12415 Bandera Road, Helotes, Tx, Texas, 78023. L. Daniel Sevigny is the related person in the form and it has address: 12415 Bandera Road, Helotes, Tx, Texas, 78023. Link to Sanctus Ranch Filing: 000168975516000001.
Analysis of Sanctus Ranch Offering
On average, companies in the Other Real Estate sector, sell 100.00% of the total offering amount. Sanctus Ranch sold 44.60% of the offering. The financing is still open. The average investment size for companies in the Other Real Estate industry is $931,000. The total amount raised is 19.76% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this offering 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 Sanctus Ranch Also
The Form D signed by L Daniel Sevigny might help Sanctus Ranch 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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