Noteworthy Form D Filing: Civic Resource Group International $16.74 million Fundraising. Gregory Curtin Filed Nov 22 SEC Filing

Civic Resource Group International Inc - Gregory Curtin

Civic Resource Group International Financing

Civic Resource Group International Inc, Corporation just released form D because of $16.74 million equity financing. This is a new filing. Civic Resource Group International was able to sell $11.22 million so far. That is 67.04% of the fundraising offer. The total financing amount was $16.74 million. The offering form was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $5.52 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Civic Resource Group International is based in California. The filler’s business is not disclosed. The D form was submitted by Gregory Curtin Chief Executive Officer. The company was incorporated in 2014. The filler’s address is: 915 Wilshire Blvd Ste 2175, Los Angeles, Ca, California, 90017. Gregory Curtin is the related person in the form and it has address: 915 Wilshire Blvd Ste 2175, Los Angeles, Ca, California, 90017. Link to Civic Resource Group International Filing: 000168918316000001.

Analysis of Civic Resource Group International Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Civic Resource Group International sold 67.04% of the offering. The financing is still open. The average fundraising size for companies in all industries in our database is $3.05 million. The total amount raised is 268.02% bigger than the average for companies in the database. 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 Civic Resource Group International Also

The Form D signed by Gregory Curtin might help Civic Resource Group International 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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