Form D of The Day: Patch Of Land 201500001 $200.00 million Financing. Jason Fritton Published Nov 10 Form D

Real Estate Patch Of Land Llc 201500001 - Jason Fritton

Patch Of Land 201500001 Financing

Patch Of Land Llc 201500001, Limited Liability Company just released form D for $200.00 million debt financing. The date of first sale was 2016-01-05. Patch Of Land 201500001 was able to finance itself with $66.71 million so far. That is 33.36% of the financing round. The total offering amount was $200.00 million. The private financing document was filed on 2016-11-10. The reason for the financing was: unspecified. The fundraising still has about $133.29 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Patch Of Land 201500001 is based in Alabama. The filler’s business is Other Real Estate. The SEC form was submitted by Jason Fritton Authorized Signor. The company was incorporated in 2015. The filler’s address is: 1964 Westwood Blvd, Suite 350, Los Angeles, Ca, California, 90025. Jason Fritton is the related person in the form and it has address: 13924 Panay Way, Apt. 511, Marina Del Rey, Ca, California, 90292. Link to Patch Of Land 201500001 Filing: 000164533716000008.

Analysis of Patch Of Land 201500001 Offering

On average, companies in the Other Real Estate sector, sell 100.00% of the total offering amount. Patch Of Land 201500001 sold 33.36% 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 7,065.71% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this fundraising is set at $5000. 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 Patch Of Land 201500001 Also

The Form D signed by Jason Fritton might help Patch Of Land Llc 201500001’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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