Linden Terrace J-Dek Financing
Linden Terrace J-Dek Llc, Limited Liability Company just submitted form D because of $3.00 million equity financing. This is a new filing. Linden Terrace J-Dek was able to fundraise $1.48 million so far. That is 49.17% of the fundraising. The total fundraising amount was $3.00 million. The form was filed on 2016-11-02. The reason for the financing was: An acquisition fee in the amount of $30,000 will be paid to Linden Terrace J-Dek Holdings LLC, a Member of the Issuer.. The fundraising still has about $1.53 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Linden Terrace J-Dek is based in Ohio. The filler’s business is Other Real Estate. The form was submitted by Joel Goldman COO. The company was incorporated in 2016. The filler’s address is: 31100 Solon Road Suite 9, Solon, Oh, Ohio, 44139. Joel Goldman is the related person in the form and it has address: 31100 Solon Road, Suite 9, Solon, Oh, Ohio, 44139. Link to Linden Terrace J-Dek Filing: 000168954416000001.
Analysis of Linden Terrace J-Dek Offering
On average, firms in the Other Real Estate sector, sell 100.00% of the total offering amount. Linden Terrace J-Dek sold 49.17% of the offering. The financing is still open. The average fundraising amount for companies in the Other Real Estate industry is $931,000. The total amount raised is 58.43% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this offering was set at $0. 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 Linden Terrace J-Dek Also
The Form D signed by Joel Goldman might help Linden Terrace J-Dek 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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