Form D To Observe: Foundry Partners Pth I $2.80 million Financing. Pryse Elam Published Nov 15 form D

Commercial Foundry Partners Pth I, Llc - Pryse Elam

Foundry Partners Pth I Financing

Foundry Partners Pth I, Llc, Limited Liability Company just filed form D regarding $2.80 million equity financing. This is a new filing. Foundry Partners Pth I, Llc is expected to sell $2.80 million in this financing offer. The total private financing amount was $2.80 million. The form was filed on 2016-11-15. The reason for the financing was: unspecified. The fundraising still has about $2.80 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Foundry Partners Pth I is based in Florida. The filler’s business is Commercial. The form D was submitted by Pryse Elam President. The company was incorporated in 2016. The filler’s address is: 420 South Orange Avenue, Suite 950, Orlando, Fl, Florida, 32801. Pryse Elam is the related person in the form and it has address: 420 South Orange Avenue, Suite 950, Orlando, Fl, Florida, 32801. Link to Foundry Partners Pth I Filing: 000168946616000001.

Analysis of Foundry Partners Pth I Offering

On average, firms in the Commercial sector, sell 65.22% of the total offering size. Foundry Partners Pth I sold 0.00% of the offering. The financing is still open. The average fundraising size for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be interpreted as negative. Startups raise funds for different reasons and needs. The minimum investment for this financing was set at $10000. 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 Foundry Partners Pth I Also

The Form D signed by Pryse Elam might help Foundry Partners Pth I, 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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