Form D Buzzer: Br Parent $2.80 million Fundraising. SCOTT A SMITH Submitted Nov 17 SEC Filing

Br Parent Llc - SCOTT A SMITH

Br Parent Financing

Br Parent Llc, Limited Liability Company just released form D announcing $2.80 million equity financing. This is a new filing. Br Parent was able to finance itself with $2.80 million. That is 100.00% of the fundraising. The total offering amount was $2.80 million. The private financing document was filed on 2016-11-17. The reason for the financing was: unspecified.

Br Parent is based in Alabama. The firm’s business is not disclosed. The SEC form was signed by SCOTT A SMITH MANAGER/CEO. The company was incorporated in 2016. The filler’s address is: 1018 Market St, Kirkland, Wa, Washington, 98033. Scott A Smith is the related person in the form and it has address: 1018 Market St, Kirkland, Wa, Washington, 98033. Link to Br Parent Filing: 000169043116000001.

Analysis of Br Parent Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Br Parent sold 100.00% of the offering. Could this mean that the trust in Br Parent is high? The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 8.10% smaller than the average of $3.05 million. Of course this should not be taken as negative. Companies raise funds for different needs and reasons. The minimum investment for this fundraising 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 Br Parent Also

The Form D signed by SCOTT A SMITH might help Br Parent 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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