Richmond Storage Investors Financing
Richmond Storage Investors, Llc, Limited Liability Company just released form D announcing $3.50 million equity financing. This is a new filing. Richmond Storage Investors was able to finance itself with $3.30 million. That is 94.29% of the fundraising. The total offering amount was $3.50 million. The offering form was filed on 2016-11-16. The reason for the financing was: unspecified. The fundraising still has about $200,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Richmond Storage Investors is based in Alabama. The company’s business is Commercial. The form D was submitted by Ryan L Hanks Manager. The company was incorporated in 2016. The filler’s address is: 4064 Colony Road, Suite 430, Charlotte, Nc, North Carolina, 28211. Ryan L. Hanks is the related person in the form and it has address: 4064 Colony Road, Suite 430, Charlotte, Nc, North Carolina, 28211. Link to Richmond Storage Investors Filing: 000169022516000001.
Analysis of Richmond Storage Investors Offering
On average, startups in the Commercial sector, sell 65.22% of the total offering size. Richmond Storage Investors sold 94.29% of the offering. The fundraising is still open. Could this mean that the trust in Richmond Storage Investors is high? The average fundraising size for companies in the Commercial industry is $1.60 million. The total amount raised is 106.25% bigger than the average for companies in the Commercial sector. The minimum investment for this offering was set at $100000. 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 Richmond Storage Investors Also
The Form D signed by Ryan L Hanks might help Richmond Storage Investors, 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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