Mutual Trading Co. Financing
Mutual Trading Co., Inc., Corporation just submitted form D about $8.16 million equity financing. This is a new filing. Mutual Trading Co. was able to finance itself with $8.16 million. That is 100.00% of the financing round. The total offering amount was $8.16 million. The financing document was filed on 2016-11-22. The reason for the financing was: unspecified.
Mutual Trading Co. is based in California. The firm’s business is not disclosed. The form was submitted by Kosei Yamamoto President/CEO. The company was incorporated more than five years ago. The filler’s address is: 431 Crocker St, Los Angeles, Ca, California, 90013. Noritoshi Kanai is the related person in the form and it has address: C/O Mutual Trading Co., Inc., 431 Crocker Street, Los Angeles, Ca, California, 90013. Link to Mutual Trading Co. Filing: 000156257616000001.
Analysis of Mutual Trading Co. Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Mutual Trading Co. sold 100.00% of the offering. Could this mean that the trust in Mutual Trading Co. is high? The average investment size for companies in all industries in our database is $3.05 million. The total amount raised is 167.67% bigger than the average for companies in the database. The minimum investment for this fundraising was set at $8163900. 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 Mutual Trading Co. Also
The Form D signed by Kosei Yamamoto might help Mutual Trading Co., 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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