Indus Hilliard Hotel Financing
Indus Hilliard Hotel, Llc, Limited Liability Company just released form D about $2.25 million equity financing. This is a new filing. Indus Hilliard Hotel, Llc is expected to finance itself with $2.25 million in this financing round. The total fundraising amount was $2.25 million. The financing document was filed on 2016-11-25. The reason for the financing was: unspecified. The fundraising still has about $2.25 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Indus Hilliard Hotel is based in Ohio. The company’s business is Commercial. The SEC form was submitted by David Patel Manager. The company was incorporated in 2016. The filler’s address is: 1555 Lennox Town Lane, Columbus, Oh, Ohio, 43212. Properties Llc Dhihar is the related person in the form and it has address: 1555 Lennox Town Lane, Columbus, Oh, Ohio, 43212. Link to Indus Hilliard Hotel Filing: 000169079316000001.
Analysis of Indus Hilliard Hotel Offering
On average, startups in the Commercial sector, sell 65.22% of the total offering amount. Indus Hilliard Hotel sold 0.00% of the offering. The financing is still open. The average investment size for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be seen as negative. Businesses raise funds for different reasons and needs. The minimum investment for this offering is set at $5000. 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 Indus Hilliard Hotel Also
The Form D signed by David Patel might help Indus Hilliard Hotel, 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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