Wild Acre Brewing Co Financing
Wild Acre Brewing Co Llc, Limited Liability Company just filed form D for $1.25 million equity financing. This is a new filing. Wild Acre Brewing Co was able to fundraise $869,929 so far. That is 69.59% of the fundraising offer. The total offering amount was $1.25 million. The offering form was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $380,071 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Wild Acre Brewing Co is based in Alabama. The filler’s business is not disclosed. The form was signed by John Pritchett President. The company was incorporated in 2014. The filler’s address is: 4071 Modlin Avenue, Fort Worth, Tx, Texas, 76107. John Pritchett is the related person in the form and it has address: 4071 Modlin Avenue, Fort Worth, Tx, Texas, 76107. Link to Wild Acre Brewing Co Filing: 000163522816000002.
Analysis of Wild Acre Brewing Co Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Wild Acre Brewing Co sold 69.59% of the offering. The fundraising is still open. Could this mean that the trust in Wild Acre Brewing Co is high? The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 71.48% smaller than the average of $3.05 million. Of course this should not be taken as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $0. If you know more about the reasons for the fundraising, 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 Wild Acre Brewing Co Also
The Form D signed by John Pritchett might help Wild Acre Brewing Co 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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