Queen’s Cove Holdings Financing
Queen’s Cove Holdings, Llc, Limited Liability Company just released form D because of $13.56 million equity financing. This is a new filing. Queen’s Cove Holdings, Llc is expected to fundraise $13.56 million in this round of financing. The total fundraising amount was $13.56 million. The financing form was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $13.56 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Queen’s Cove Holdings is based in Georgia. The company’s business is Other Real Estate. The form D was submitted by Robert M McCullough Sr. V.P. & CFO of EcoVest Capital, Inc., managing entity. The company was incorporated in 2016. The filler’s address is: 3424 Peachtree Road, Ne, Suite 1550, Atlanta, Ga, Georgia, 30326. Robert M. Mccullough is the related person in the form and it has address: 3424 Peachtree Road, Ne, Suite 1550, Atlanta, Ga, Georgia, 30326. Link to Queen’s Cove Holdings Filing: 000169055416000001.
Analysis of Queen’s Cove Holdings Offering
On average, firms in the Other Real Estate sector, sell 100.00% of the total offering amount. Queen’s Cove Holdings sold 0.00% of the offering. The financing is still open. The average investment offering size for companies in the Other Real Estate industry is $931,000. The offering was 100.00% smaller than the average of $931,000. Of course this should not be taken as negative. Businesses raise funds for different reasons and needs. The minimum investment for this fundraising was set at $57384. 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 Queen’s Cove Holdings Also
The Form D signed by Robert M McCullough might help Queen’s Cove Holdings, 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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