Today’s Form D On Watch: Lake Havasu Independent Living $5.00 million Financing. Adam C Pakes Published Nov 15 D Filing

Construction Lake Havasu Independent Living Llc - Adam C Pakes

Lake Havasu Independent Living Financing

Lake Havasu Independent Living Llc, Limited Liability Company just released form D because of $5.00 million equity financing. This is a new filing. Lake Havasu Independent Living was able to fundraise $350,000 so far. That is 7.00% of the offering. The total financing amount was $5.00 million. The private financing document was filed on 2016-11-15. The reason for the financing was: unspecified. The fundraising still has about $4.65 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Lake Havasu Independent Living is based in Alabama. The company’s business is Construction. The form was submitted by Adam C Pakes Manager of Summerlin Asset Management LLC, Manager. The company was incorporated in 2016. The filler’s address is: 1845 Mcculloch Blvd. Ste. A6, Lake Havasu City, Az, Arizona, 86403. Adam C. Pakes is the related person in the form and it has address: 1845 Mcculloch Blvd. Ste. A6, Lake Havasu City, Az, Arizona, 86403. Link to Lake Havasu Independent Living Filing: 000168577916000001.

Analysis of Lake Havasu Independent Living Offering

On average, firms in the Construction sector, sell 42.80% of the total offering size. Lake Havasu Independent Living sold 7.00% of the offering. The fundraising is still open. The average investment offering size for companies in the Construction industry is $547,000. The offering was 36.01% smaller than the average of $547,000. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $50000. 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 Lake Havasu Independent Living Also

The Form D signed by Adam C Pakes might help Lake Havasu Independent Living 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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