Let’s Talk Payments Financing
Let’s Talk Payments, Llc, Limited Liability Company just filed form D about $500,000 equity financing. This is a new filing. Let’s Talk Payments was able to finance itself with $225,000 so far. That is 45.00% of the financing round. The total offering amount was $500,000. The fundraising form was filed on 2016-11-15. The reason for the financing was: unspecified. The fundraising still has about $275,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Let’s Talk Payments is based in North Carolina. The company’s business is Other Technology. The form was filed by Aditya Khurjekar Manager. The company was incorporated in 2013. The filler’s address is: 4732 Old Course Drive, Charlotte, Nc, North Carolina, 28277. Aditya Khurjekar is the related person in the form and it has address: 4732 Old Course Drive, Charlotte, Nc, North Carolina, 28277. Link to Let’s Talk Payments Filing: 000120919116150813.
Analysis of Let’s Talk Payments Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Let’s Talk Payments sold 45.00% of the offering. The financing is still open. The average offering amount for companies in the Other Technology industry is $1.54 million. The offering was 85.39% smaller than the average of $1.54 million. Of course this should not be seen as negative. Companies raise funds for different reasons and needs. The minimum investment for this offering was set at $25000. 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 Let’s Talk Payments Also
The Form D signed by Aditya Khurjekar might help Let’s Talk Payments, 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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