Form D Don’t Lie: Jems & Joules $1.50 million Financing. Shelia Bayes Filed Nov 28 SEC form

Retailing Jems & Joules, Inc. - Shelia Bayes

Jems & Joules Financing

Jems & Joules, Inc., Corporation just submitted form D announcing $1.50 million equity financing. This is a new filing. Jems & Joules was able to sell $75,000 so far. That is 5.00% of the financing offer. The total fundraising amount was $1.50 million. The fundraising form was filed on 2016-11-28. The reason for the financing was: unspecified. The fundraising still has about $1.43 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Jems & Joules is based in Alabama. The firm’s business is Retailing. The form D was filed by Shelia Bayes President and CEO. The company was incorporated in 2015. The filler’s address is: 410 W. Vine St., #270, Lexington, Ky, Kentucky, 40507. Shelia Bayes is the related person in the form and it has address: 410 W. Vine St., #270, Lexington, Ky, Kentucky, 40507. Link to Jems & Joules Filing: 000169084516000001.

Analysis of Jems & Joules Offering

On average, firms in the Retailing sector, sell 71.70% of the total offering size. Jems & Joules sold 5.00% of the offering. The fundraising is still open. The average fundraising amount for companies in the Retailing industry is $45,600. The total amount raised is 64.47% bigger than the average for companies in the Retailing sector. The minimum investment for this financing was set at $7500. 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 Jems & Joules Also

The Form D signed by Shelia Bayes might help Jems & Joules, 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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