Center City Settlement Services Financing
Center City Settlement Services, Llc, Limited Liability Company just had published form D announcing $100,000 equity financing. This is a new filing. Center City Settlement Services was able to finance itself with $2,400 so far. That is 2.40% of the financing offer. The total private offering amount was $100,000. The offering form was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $97,600 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Center City Settlement Services is based in Pennsylvania. The filler’s business is Residential. The D form was signed by Lillian ReDavid VP of the Manager. The company was incorporated more than five years ago. The filler’s address is: 1619 Walnut Street, 5Th Floor, Philadelphia, Pa, Pennsylvania, 19103. Jim Campbell is the related person in the form and it has address: 2 Veterans Square, Media, Pa, Pennsylvania, 19063. Link to Center City Settlement Services Filing: 000168521916000001.
Analysis of Center City Settlement Services Offering
On average, companies in the Residential sector, sell 100.00% of the total offering size. Center City Settlement Services sold 2.40% of the offering. The financing is still open. The average investment floor size for companies in the Residential industry is $178,000. The offering was 98.65% smaller than the average of $178,000. Of course this should not be taken as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this fundraising was set at $800. 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 Center City Settlement Services Also
The Form D signed by Lillian ReDavid might help Center City Settlement Services, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.