Grupo Internacional 42 Financing
Grupo Internacional 42, Llc, Limited Liability Company just filed form D because of $3.00 million equity financing. This is a new filing. Grupo Internacional 42 was able to finance itself with $500,000 so far. That is 16.67% of the financing round. The total offering amount was $3.00 million. The fundraising form was filed on 2016-11-28. The reason for the financing was: unspecified. The fundraising still has about $2.50 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Grupo Internacional 42 is based in Louisiana. The filler’s business is Lodging and Conventions. The form was submitted by Alan Gongora Consel. The company was incorporated in 2016. The filler’s address is: 2031 Hesperia Way, Pensacola, Fl, Florida, 32505. Arpan Patel is the related person in the form and it has address: 2031 Hesperia, Pensacola, Fl, Florida, 70094. Link to Grupo Internacional 42 Filing: 000169044916000002.
Analysis of Grupo Internacional 42 Offering
On average, firms in the Lodging and Conventions sector, sell 27.00% of the total offering size. Grupo Internacional 42 sold 16.67% of the offering. The financing is still open. The average offering size for companies in the Lodging and Conventions industry is $693,000. The offering was 27.85% smaller than the average of $693,000. Of course this should not be interpreted as negative. Startups raise funds for different reasons and needs. The minimum investment for this fundraising was set at $50000. 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 Grupo Internacional 42 Also
The Form D signed by Alan Gongora might help Grupo Internacional 42, 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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