Mashburn, Llc, Limited Liability Company just had published form D because of $3.50 million debt financing. The date of first sale was 2016-04-15. Mashburn was able to finance itself with $3.50 million. That is 100.00% of the round of financing. The total financing amount was $3.50 million. The private financing document was filed on 2016-11-23. The reason for the financing was: Approximately $100,000 of the offering proceeds will be used to repay a loan previously provided to the company by an officer..
Mashburn is based in Georgia. The filler’s business is Retailing. The D form was submitted by David Supple President. The company was incorporated more than five years ago. The filler’s address is: 1198 Howell Mill Road, Atlanta, Ga, Georgia, 30318. David Supple is the related person in the form and it has address: C/O Mashburn, Llc, 1170 Howell Mill Road, Atlanta, Ga, Georgia, 30318. Link to Mashburn Filing: 000157467916000003.
Analysis of Mashburn Offering
On average, firms in the Retailing sector, sell 71.70% of the total offering amount. Mashburn sold 100.00% of the offering. Could this mean that the trust in Mashburn is high? The average offering size for companies in the Retailing industry is $45,600. The total amount raised is 7,575.44% bigger than the average for companies in the Retailing sector. The minimum investment for this fundraising is set at $0. 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 Mashburn Also
The Form D signed by David Supple might help Mashburn, 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.