Sources & Solutions Financing
Sources & Solutions, Llc, Limited Liability Company just released form D because of $10,000 equity financing. This is a new filing. Sources & Solutions was able to fundraise $10,000. That is 100.00% of the offering. The total private offering amount was $10,000. The financing form was filed on 2016-11-18. The reason for the financing was: unspecified.
Sources & Solutions is based in Colorado. The firm’s business is Other Technology. The D form was filed by K Matthew Arleth Manager. The company was incorporated in 2012. The filler’s address is: 6332 Vrain Street, Arvada, Co, Colorado, 80003. K. Matthew Arleth is the related person in the form and it has address: 6332 Vrain Street, Arvada, Co, Colorado, 80003. Link to Sources & Solutions Filing: 000161963116000001.
Analysis of Sources & Solutions Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Sources & Solutions sold 100.00% of the offering. Could this mean that the trust in Sources & Solutions is high? The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 99.35% smaller than the average of $1.54 million. Of course this should not be taken as negative. Firms raise funds for different needs and reasons. 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 Sources & Solutions Also
The Form D signed by K Matthew Arleth might help Sources & Solutions, 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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