Mahogany Bay Holdings Financing
Mahogany Bay Holdings, Llc, Limited Liability Company just filed form D because of $1.70 million equity financing. This is a new filing. Mahogany Bay Holdings, Llc is expected to finance itself with $1.70 million in this offering. The total private financing amount was $1.70 million. The private financing document was filed on 2016-11-25. The reason for the financing was: Acquisition Fee. The fundraising still has about $1.70 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Mahogany Bay Holdings is based in Alabama. The filler’s business is not disclosed. The form was filed by David R Zook Manager of Manager. The company was incorporated in 2016. The filler’s address is: 412 N. Main St., Ste 100, Buffalo, Wy, Wyoming, 82834. David R Zook is the related person in the form and it has address: 412 N. Main St., Ste 100, Buffalo, Wy, Wyoming, 82834. Link to Mahogany Bay Holdings Filing: 000169084816000001.
Analysis of Mahogany Bay Holdings Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Mahogany Bay Holdings sold 0.00% of the offering. The fundraising is still open. The average investment size for companies in all industries in our database is $3.05 million. The offering was 100.00% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Firms get financed for a variety of reasons and needs. The minimum investment for this financing was set at $100000. 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 Mahogany Bay Holdings Also
The Form D signed by David R Zook might help Mahogany Bay Holdings, 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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