Indie Coffee Financing
Indie Coffee Llc, Limited Liability Company just filed form D regarding $30,000 equity financing. This is a new filing. Indie Coffee Llc is expected to finance itself with $30,000 in this financing round. The total private financing amount was $30,000. The financing document was filed on 2016-11-17. The reason for the financing was: unspecified. The fundraising still has about $30,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Indie Coffee is based in Alabama. The company’s business is Restaurants. The SEC form was signed by Rhonda Mallek Pres/CEO. The company was incorporated in 2016. The filler’s address is: 101 Newark Pompton Turnpike, Little Falls, Nj, New Jersey, 07424. Rhonda Mallek is the related person in the form and it has address: 32 Winding Way, Woodland Park, Nj, New Jersey, 07424. Link to Indie Coffee Filing: 000169027816000001.
Analysis of Indie Coffee Offering
On average, firms in the Restaurants sector, sell 99.00% of the total offering amount. Indie Coffee sold 0.00% of the offering. The fundraising is still open. The average offering amount for companies in the Restaurants industry is $302,000. The offering was 100.00% smaller than the average of $302,000. Of course this should not be taken as negative. Companies raise funds for different needs and reasons. The minimum investment for this financing was set at $30000. 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 Indie Coffee Also
The Form D signed by Rhonda Mallek might help Indie Coffee 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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