Regional Brands Financing
Regional Brands Inc., Corporation just submitted form D because of $12.07 million equity financing. This is a new filing. Regional Brands was able to fundraise $12.07 million. That is 100.00% of the offering. The total financing amount was $12.07 million. The offering form was filed on 2016-11-15. The reason for the financing was: unspecified.
Regional Brands is based in Ohio. The company’s business is not disclosed. The SEC form was submitted by Fred DiSanto Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 6060 Parkland Boulevard,, Suite 200, Cleveland, Oh, Ohio, 44124. Fred Disanto is the related person in the form and it has address: 6060 Parkland Blvd., Suite 200, Cleveland, Oh, Ohio, 44124. Link to Regional Brands Filing: 000081214916000005.
Analysis of Regional Brands Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Regional Brands sold 100.00% of the offering. Could this mean that the trust in Regional Brands is high? The average fundraising size for companies in all industries in our database is $3.05 million. The total amount raised is 295.88% bigger than the average for companies in the database. The minimum investment for this fundraising 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 Regional Brands Also
The Form D signed by Fred DiSanto might help Regional Brands 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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