Art Craft Entertainment Financing
Art Craft Entertainment, Inc., Corporation just submitted form D announcing $611,352 equity financing. This is a new filing. Art Craft Entertainment was able to fundraise $611,352. That is 100.00% of the financing round. The total financing amount was $611,352. The financing form was filed on 2016-11-11. The reason for the financing was: unspecified.
Art Craft Entertainment is based in Texas. The firm’s business is not disclosed. The SEC form was filed by J Todd Coleman Chief Executive Officer. The company was incorporated in 2013. The filler’s address is: 815A Brazos St. #313, Austin, Tx, Texas, 78701. J. Todd Coleman is the related person in the form and it has address: 815A Brazos Street, #313, Austin, Tx, Texas, 78701. Link to Art Craft Entertainment Filing: 000161194516000002.
Analysis of Art Craft Entertainment Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Art Craft Entertainment sold 100.00% of the offering. Could this mean that the trust in Art Craft Entertainment is high? The average investment size for companies in all industries in our database is $3.05 million. The offering was 79.96% smaller than the average of $3.05 million. Of course this should not be seen as negative. Startups get financed for a variety of needs and reasons. The minimum investment for this financing is set at $0. 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 Art Craft Entertainment Also
The Form D signed by J Todd Coleman might help Art Craft Entertainment, 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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