Lincoln Drive Holding L.L.C. Financing
Lincoln Drive Holding, L.L.C., Limited Liability Company just submitted form D about $26.30 million equity financing. This is a new filing. Lincoln Drive Holding L.L.C. was able to sell $26.30 million. That is 100.00% of the offering. The total private offering amount was $26.30 million. The financing document was filed on 2016-11-16. The reason for the financing was: unspecified.
Lincoln Drive Holding L.L.C. is based in Minnesota. The company’s business is Residential. The SEC form was submitted by Wade C Lau President of the Manager. The company was incorporated in 2016. The filler’s address is: 10350 Bren Road West, Minnetonka, Mn, Minnesota, 55343. Wade Lau is the related person in the form and it has address: 10350 Bren Road West, Minnetonka, Mn, Minnesota, 55343. Link to Lincoln Drive Holding L.L.C. Filing: 000168971416000001.
Analysis of Lincoln Drive Holding L.L.C. Offering
On average, firms in the Residential sector, sell 100.00% of the total offering size. Lincoln Drive Holding L.L.C. sold 100.00% of the offering. Could this mean that the trust in Lincoln Drive Holding L.L.C. is high? The average fundraising size for companies in the Residential industry is $178,000. The total amount raised is 14,675.28% bigger than the average for companies in the Residential sector. The minimum investment for this offering is 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 Lincoln Drive Holding L.L.C. Also
The Form D signed by Wade C Lau might help Lincoln Drive Holding, L.L.C.’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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