Dcp 834 Timberlake Drive Financing
Dcp 834 Timberlake Drive, Llc, Limited Liability Company just submitted form D because of $4.30 million equity financing. This is a new filing. Dcp 834 Timberlake Drive was able to finance itself with $2.30 million so far. That is 53.49% of the financing offer. The total fundraising amount was $4.30 million. The financing document was filed on 2016-11-23. The reason for the financing was: As disclosed to investors, the Manager (a licensed real estate broker) will receive a real estate brokerage commission of approximately 2.28% of the purchase price of the property the Issuer has under contract, and $15,000 for other services.. The fundraising still has about $2.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Dcp 834 Timberlake Drive is based in Alabama. The firm’s business is Commercial. The D form was submitted by Darwin German Manager. The company was incorporated in 2016. The filler’s address is: 710 Lochness Lane, Garland, Tx, Texas, 75044. Darwin German is the related person in the form and it has address: 710 Lochness Ln, Garland, Tx, Texas, 75044. Link to Dcp 834 Timberlake Drive Filing: 000169064116000001.
Analysis of Dcp 834 Timberlake Drive Offering
On average, startups in the Commercial sector, sell 65.22% of the total offering size. Dcp 834 Timberlake Drive sold 53.49% of the offering. The financing is still open. The average investment size for companies in the Commercial industry is $1.60 million. The total amount raised is 43.75% bigger than the average for companies in the Commercial sector. The minimum investment for this financing is set at $25000. 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 Dcp 834 Timberlake Drive Also
The Form D signed by Darwin German might help Dcp 834 Timberlake Drive, 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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