Form D Filing: Yogahome $1.00 million Fundraising. Thomas D Ricks Filed Nov 15 Form D

Retailing Yogahome, Llc - Thomas D Ricks

Yogahome Financing

Yogahome, Llc, Limited Liability Company just had published form D for $1.00 million debt financing. This is a new filing. Yogahome was able to finance itself with $303,750 so far. That is 30.38% of the financing round. The total financing amount was $1.00 million. The financing document was filed on 2016-11-15. The reason for the financing was: unspecified. The fundraising still has about $696,250 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Yogahome is based in Georgia. The firm’s business is Retailing. The SEC form was signed by Thomas D Ricks Attorney-in-Fact. The company was incorporated in 2014. The filler’s address is: 6805 Morrison Blvd., Suite 380, Charlotte, Nc, North Carolina, 28211. Jeffrey B. Armstrong is the related person in the form and it has address: 6805 Morrison Blvd., Suite 380, Charlotte, Nc, North Carolina, 28211. Link to Yogahome Filing: 000165161616000004.

Analysis of Yogahome Offering

On average, startups in the Retailing sector, sell 71.70% of the total offering size. Yogahome sold 30.38% of the offering. The fundraising is still open. The average fundraising amount for companies in the Retailing industry is $45,600. The total amount raised is 566.12% bigger than the average for companies in the Retailing sector. The minimum investment for this fundraising was set at $25000. 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 Yogahome Also

The Form D signed by Thomas D Ricks might help Yogahome, Llc’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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