Form D to Follow: Blue Marble Cocktails $26.30 million Fundraising. Alan Miller Released Nov 21 D form

Blue Marble Cocktails, Inc. - Alan Miller

Blue Marble Cocktails Financing

Blue Marble Cocktails, Inc., Corporation just submitted form D regarding $26.30 million equity financing. This is a new filing. Blue Marble Cocktails was able to fundraise $200,000 so far. That is 0.76% of the offering. The total offering amount was $26.30 million. The offering form was filed on 2016-11-21. The reason for the financing was: unspecified. The fundraising still has about $26.10 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Blue Marble Cocktails is based in Alabama. The firm’s business is not disclosed. The form was signed by Alan Miller President. The company was incorporated in 2016. The filler’s address is: 8925 North Meridian Street, Suite 250, Indianapolis, In, Indiana, 46260. Alan Miller is the related person in the form and it has address: 8925 N. Meridian St., Suite 250, Indianapolis, In, Indiana, 46260. Link to Blue Marble Cocktails Filing: 000169055716000001.

Analysis of Blue Marble Cocktails Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Blue Marble Cocktails sold 0.76% of the offering. The fundraising is still open. The average financing size for companies in all industries in our database is $3.05 million. The offering was 93.44% smaller than the average of $3.05 million. Of course this should not be seen as negative. Businesses get financed for different reasons and needs. The minimum investment for this fundraising was set at $1. 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 Blue Marble Cocktails Also

The Form D signed by Alan Miller might help Blue Marble Cocktails, Inc.’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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