Pa Cultivation Group Financing
Pa Cultivation Group, Lp, Limited Partnership just released form D announcing $18.00 million equity financing. This is a new filing. Pa Cultivation Group, Lp is expected to fundraise $18.00 million in this fundraising offer. The total fundraising amount was $18.00 million. This form was filed on 2016-11-17. The reason for the financing was: The Offering will be best efforts up to $18,000,000. The fundraising still has about $18.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Pa Cultivation Group is based in Pennsylvania. The company’s business is Agriculture. The SEC form was filed by Rodney Yemc Managing Member. The company was incorporated in 2015. The filler’s address is: 10940 Guffy-Rilton Road, North Huntingdon, Pa, Pennsylvania, 15642. Rodney Yemc is the related person in the form and it has address: 10940 Guffy-Rilton Road, North Huntingdon, Pa, Pennsylvania, 15642. Link to Pa Cultivation Group Filing: 000168961216000001.
Analysis of Pa Cultivation Group Offering
On average, startups in the Agriculture sector, sell 63.30% of the total offering size. Pa Cultivation Group sold 0.00% of the offering. The fundraising is still open. The average fundraising size for companies in the Agriculture industry is $287,000. The offering was 100.00% smaller than the average of $287,000. Of course this should not be interpreted as negative. Firms raise funds for different needs and reasons. The minimum investment for this financing 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 Pa Cultivation Group Also
The Form D signed by Rodney Yemc might help Pa Cultivation Group, Lp’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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