Form D Action: Franklin-Clarkson Reit $125000 Fundraising. Mark Simmons Submitted Nov 14 D Filing

REITS Finance Franklin-Clarkson Reit, Inc. - Mark Simmons

Franklin-Clarkson Reit Financing

Franklin-Clarkson Reit, Inc., Corporation just had published form D for $125,000 equity financing. This is a new filing. Franklin-Clarkson Reit was able to fundraise $118,000. That is 94.40% of the financing offer. The total offering amount was $125,000. This form was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $7,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Franklin-Clarkson Reit is based in Oregon. The company’s business is REITS and Finance. The form D was submitted by Mark Simmons Chief Financial Officer. The company was incorporated in 2016. The filler’s address is: C/O Campbell Global, Llc, One S.W. Columbia, Suite 1700, Portland, Or, Oregon, 97258. John S. Gilleland is the related person in the form and it has address: One S.W. Columbia, Suite 1700, Portland, Or, Oregon, 97258. Link to Franklin-Clarkson Reit Filing: 000168963216000001.

Analysis of Franklin-Clarkson Reit Offering

On average, firms in the REITS and Finance sector, sell 56.00% of the total offering size. Franklin-Clarkson Reit sold 94.40% of the offering. The financing is still open. Could this mean that the trust in Franklin-Clarkson Reit is high? The average financing size for companies in the REITS and Finance industry is $988,700. The offering was 88.07% smaller than the average of $988,700. Of course this should not be seen as negative. Businesses raise funds for different needs and reasons. The minimum investment for this financing is set at $1000. 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 Franklin-Clarkson Reit Also

The Form D signed by Mark Simmons might help Franklin-Clarkson Reit, Inc.’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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