Ut Arlington Preferred Financing
Ut Arlington Preferred, L.P., Limited Partnership just released form D about $10.00 million equity financing. This is a new filing. Ut Arlington Preferred was able to sell $2.63 million so far. That is 26.33% of the round of financing. The total financing amount was $10.00 million. The fundraising form was filed on 2016-11-17. The reason for the financing was: unspecified. The fundraising still has about $7.37 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Ut Arlington Preferred is based in Pennsylvania. The filler’s business is Residential. The form was filed by Nimish Sanghrajka Vice President of General Partner of Issuer. The company was incorporated in 2016. The filler’s address is: C/O Capital Solutions, Inc., Suite 105, Blue Bell, Pa, Pennsylvania, 19422. Ut Arlington Preferred General, Llc is the related person in the form and it has address: C/O Capital Solutions, Inc., 910 Harvest Drive, Suite 105, Blue Bell, Pa, Pennsylvania, 19422. Link to Ut Arlington Preferred Filing: 000169027316000001.
Analysis of Ut Arlington Preferred Offering
On average, firms in the Residential sector, sell 100.00% of the total offering size. Ut Arlington Preferred sold 26.33% of the offering. The financing is still open. The average investment size for companies in the Residential industry is $178,000. The total amount raised is 1,378.93% bigger than the average for companies in the Residential sector. The minimum investment for this fundraising is set at $25000. 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 Ut Arlington Preferred Also
The Form D signed by Nimish Sanghrajka might help Ut Arlington Preferred, L.P.’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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