Hz Meridian Financing
Hz Meridian, Llc, Limited Liability Company just released form D about $8.36 million equity financing. This is a new filing. Hz Meridian was able to finance itself with $4.33 million so far. That is 51.75% of the financing offer. The total private financing amount was $8.36 million. The private financing document was filed on 2016-11-23. The reason for the financing was: Total Offering Amount consists of $6,345,628 of Class A units and $2,017,649 of Class C units; Total Amount Sole includes only Class A units – no Class C units sold to date.. The fundraising still has about $4.04 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Hz Meridian is based in California. The company’s business is Residential. The SEC form was signed by Anthony O Zanze COO of Hamilton Zanze & Company; Authorized Person. The company was incorporated in 2016. The filler’s address is: 37 Graham Street, Suite 200B, San Francisco, Ca, California, 94129. * Hamilton Zanze & Company is the related person in the form and it has address: 37 Graham Street, Suite 200B, San Francisco, Ca, California, 94129. Link to Hz Meridian Filing: 000168880316000001.
Analysis of Hz Meridian Offering
On average, companies in the Residential sector, sell 100.00% of the total offering size. Hz Meridian sold 51.75% of the offering. The financing is still open. The average investment size for companies in the Residential industry is $178,000. The total amount raised is 2,331.45% bigger than the average for companies in the Residential 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 Hz Meridian Also
The Form D signed by Anthony O Zanze might help Hz Meridian, 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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