Maine Biomass Exports Financing
Maine Biomass Exports, Inc., Corporation just submitted form D regarding $185,000 debt financing. This is a new filing. Maine Biomass Exports was able to sell $185,000. That is 100.00% of the offering. The total financing amount was $185,000. The financing document was filed on 2016-11-15. The reason for the financing was: unspecified.
Maine Biomass Exports is based in Alabama. The firm’s business is Other Energy. The form D was submitted by Arthur T House Jr CEO. The company was incorporated in 2013. The filler’s address is: 56 Stephenson Lane, Belfast, Me, Maine, 04915. Arthur Terrance House, Jr. is the related person in the form and it has address: 56 Stephenson Lane, Belfast, Me, Maine, 04915. Link to Maine Biomass Exports Filing: 000168332016000002.
Analysis of Maine Biomass Exports Offering
On average, startups in the Other Energy sector, sell 65.00% of the total offering amount. Maine Biomass Exports sold 100.00% of the offering. Could this mean that the trust in Maine Biomass Exports is high? The average financing size for companies in the Other Energy industry is $1.11 million. The offering was 83.29% smaller than the average of $1.11 million. Of course this should not be seen as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this offering 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 Maine Biomass Exports Also
The Form D signed by Arthur T House Jr might help Maine Biomass Exports, 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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