Seedling Holdings Financing
Seedling Holdings, Inc., Corporation just had published form D regarding $8.00 million equity financing. This is a new filing. Seedling Holdings was able to finance itself with $6.27 million so far. That is 78.40% of the fundraising offer. The total fundraising amount was $8.00 million. The private financing document was filed on 2016-11-27. The reason for the financing was: unspecified. The fundraising still has about $1.73 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Seedling Holdings is based in California. The company’s business is Retailing. The SEC form was submitted by Phoebe Hayman President. The company was incorporated in 2014. The filler’s address is: 923 East 3Rd Street, Suite 115, Los Angeles, Ca, California, 90013. Phoebe Hayman is the related person in the form and it has address: 923 East 3Rd Street, Suite 115, Los Angeles, Ca, California, 90013. Link to Seedling Holdings Filing: 000162436216000002.
Analysis of Seedling Holdings Offering
On average, startups in the Retailing sector, sell 71.70% of the total offering size. Seedling Holdings sold 78.40% of the offering. The fundraising is still open. Could this mean that the trust in Seedling Holdings is high? The average fundraising amount for companies in the Retailing industry is $45,600. The total amount raised is 13,654.44% bigger than the average for companies in the Retailing sector. The minimum investment for this fundraising was set at $0. 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 Seedling Holdings Also
The Form D signed by Phoebe Hayman might help Seedling Holdings, 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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