S & P Ingredient Development Financing
S & P Ingredient Development, Llc, Limited Liability Company just filed form D regarding $35.00 million equity financing. This is a new filing. S & P Ingredient Development, Llc is expected to finance itself with $35.00 million in this fundraising offer. The total private financing amount was $35.00 million. This form was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $35.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
S & P Ingredient Development is based in Minnesota. The company’s business is Manufacturing. The form was submitted by ARTHUR STICKLEY CHIEF FINANCIAL OFFICER. The company was incorporated more than five years ago. The filler’s address is: 5400 Opportunity Court, Suite 140, Minnetonka, Mn, Minnesota, 55353. Thomas Manuel is the related person in the form and it has address: 5400 Opportunity Court, Suite 140, Minnetonka, Mn, Minnesota, 55353. Link to S & P Ingredient Development Filing: 000154208016000002.
Analysis of S & P Ingredient Development Offering
On average, startups in the Manufacturing sector, sell 59.50% of the total offering size. S & P Ingredient Development sold 0.00% of the offering. The fundraising is still open. The average investment offering size for companies in the Manufacturing industry is $763,000. The offering was 100.00% smaller than the average of $763,000. Of course this should not be seen as negative. Businesses raise funds for a variety of reasons and needs. The minimum investment for this financing was set at $0. 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 S & P Ingredient Development Also
The Form D signed by ARTHUR STICKLEY might help S & P Ingredient Development, 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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