Neighborhood Beer Company Financing
Neighborhood Beer Company, Inc., Corporation just released form D for $400,000 equity financing. This is a new filing. Neighborhood Beer Company was able to finance itself with $78,012 so far. That is 19.50% of the fundraising. The total fundraising amount was $400,000. The fundraising form was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $321,988 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Neighborhood Beer Company is based in New Hampshire. The company’s business is not disclosed. The D form was signed by JOSEPH BERWANGER President. The company was incorporated in 2013. The filler’s address is: 156 Epping Road, Unit 3, Exeter, Nh, New Hampshire, 03833. Joseph Berwanger is the related person in the form and it has address: 156 Epping Road, Unit 3, Exeter, Nh, New Hampshire, 03833. Link to Neighborhood Beer Company Filing: 000162614316000003.
Analysis of Neighborhood Beer Company Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Neighborhood Beer Company sold 19.50% of the offering. The financing is still open. The average offering size for companies in all industries in our database is $3.05 million. The offering was 97.44% smaller than the average of $3.05 million. Of course this should not be taken as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this offering is 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 Neighborhood Beer Company Also
The Form D signed by JOSEPH BERWANGER might help Neighborhood Beer Company, 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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