Acacia Property 2015 Financing
Acacia Property Corp 2015, Corporation just released form D for $300.00 million equity financing. The date of first sale was 2015-11-01. Acacia Property 2015 was able to sell $199.46 million so far. That is 66.49% of the offering. The total offering amount was $300.00 million. The fundraising form was filed on 2016-11-16. The reason for the financing was: unspecified. The fundraising still has about $100.54 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Acacia Property 2015 is based in Arizona. The company’s business is REITS and Finance. The form was signed by Robert G Leupold Co-Chief Executive Officer. The company was incorporated in 2015. The filler’s address is: 2398 East Camelback Road, Suite 200, Phoenix, Az, Arizona, 85016. Robert G. Leupold is the related person in the form and it has address: 2398 East Camelback Road, Suite 200, Phoenix, Az, Arizona, 85016. Link to Acacia Property 2015 Filing: 000165908116000004.
Analysis of Acacia Property 2015 Offering
On average, companies in the REITS and Finance sector, sell 56.00% of the total offering amount. Acacia Property 2015 sold 66.49% of the offering. The financing is still open. Could this mean that the trust in Acacia Property 2015 is high? The average investment offering size for companies in the REITS and Finance industry is $988,700. The total amount raised is 20,073.97% bigger than the average for companies in the REITS and Finance sector. The minimum investment for this offering 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 Acacia Property 2015 Also
The Form D signed by Robert G Leupold might help Acacia Property Corp 2015’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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