Form D: Bungalow Nine Apt Venture $2.44 million Financing. James R Hopper Filed Nov 28 SEC Filing

Commercial Bungalow Nine Apt Venture, Llc - James R Hopper

Bungalow Nine Apt Venture Financing

Bungalow Nine Apt Venture, Llc, Limited Liability Company just had published form D because of $2.44 million equity financing. This is a new filing. Bungalow Nine Apt Venture, Llc is expected to finance itself with $2.44 million in this fundraising. The total financing amount was $2.44 million. The private financing document was filed on 2016-11-28. The reason for the financing was: unspecified. The fundraising still has about $2.44 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Bungalow Nine Apt Venture is based in Alabama. The company’s business is Commercial. The SEC form was filed by James R Hopper Pres. AMC the manager of the manager of Company. The company was incorporated in 2016. The filler’s address is: C/O Amc 11260 Wilbur Avenue, Suite #301, Northridge, Ca, California, 91326. James R. Hopper is the related person in the form and it has address: C/O Amc 11260 Wilbur Ave., #301, Northridge, Ca, California, 91326. Link to Bungalow Nine Apt Venture Filing: 000169072416000001.

Analysis of Bungalow Nine Apt Venture Offering

On average, companies in the Commercial sector, sell 65.22% of the total offering size. Bungalow Nine Apt Venture sold 0.00% of the offering. The fundraising is still open. The average offering 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 taken as negative. Firms get financed for different needs and reasons. The minimum investment for this offering was set at $20000. 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 Bungalow Nine Apt Venture Also

The Form D signed by James R Hopper might help Bungalow Nine Apt Venture, 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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