Rc-1, Inc., Corporation just released form D announcing $812,500 debt financing. This is a new filing. Rc-1 was able to fundraise $812,500. That is 100.00% of the financing round. The total financing amount was $812,500. The financing form was filed on 2016-11-14. The reason for the financing was: unspecified.
Rc-1 is based in California. The filler’s business is not disclosed. The form was filed by Kevin P OConnell President. The company was incorporated more than five years ago. The filler’s address is: 110 Sunrise Center Drive, Thomasville, Nc, North Carolina, 27360. Kevin P O’connell is the related person in the form and it has address: 180 Newport Center Drive, Suite 230, Newport Beach, Ca, California, 92660. Link to Rc-1 Filing: 000168316816000579.
Analysis of Rc-1 Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Rc-1 sold 100.00% of the offering. Could this mean that the trust in Rc-1 is high? The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 73.36% smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups raise funds for a variety of reasons and needs. The minimum investment for this offering is set at $5000. 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 Rc-1 Also
The Form D signed by Kevin P OConnell might help Rc-1, 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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