First American Media Group Financing
First American Media Group, Inc., Corporation just filed form D about $250,000 debt financing. This is a new filing. First American Media Group, Inc. is expected to sell $250,000 in this financing round. The total offering amount was $250,000. The financing document was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $250,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
First American Media Group is based in Nevada. The firm’s business is not disclosed. The D form was signed by Ron Miller PRESIDENT. The company was incorporated in 2013. The filler’s address is: 2950 S. Rancho Drive #105, Las Vegas, Nv, Nevada, 89102. Ronald Miller is the related person in the form and it has address: 32 East Serene Ave, #422, Las Vegas, Nv, Nevada, 89123. Link to First American Media Group Filing: 000162888716000006.
Analysis of First American Media Group Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. First American Media Group sold 0.00% 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 100.00% smaller than the average of $3.05 million. Of course this should not be seen as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this financing was set at $5000. 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 First American Media Group Also
The Form D signed by Ron Miller might help First American Media Group, 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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