Form D Worth Mentioning Today: Synergy Farms $60000 Financing. Sara Davis Filed Nov 28 SEC Filing

Agriculture Synergy Farms Inc - Sara Davis

Synergy Farms Financing

Synergy Farms Inc, Corporation just submitted form D regarding $60,000 equity financing. This is a new filing. Synergy Farms was able to finance itself with $20,000 so far. That is 33.33% of the offering. The total offering amount was $60,000. The form was filed on 2016-11-28. The reason for the financing was: unspecified. The fundraising still has about $40,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Synergy Farms is based in Alabama. The firm’s business is Agriculture. The D form was signed by Sara Davis President. The company was incorporated in 2013. The filler’s address is: 2612 Eden St., Nashville, Tn, Tennessee, 37208. Sara Davis is the related person in the form and it has address: 2612 Eden St, Nashville, Tn, Tennessee, 37208. Link to Synergy Farms Filing: 000169036816000001.

Analysis of Synergy Farms Offering

On average, startups in the Agriculture sector, sell 63.30% of the total offering amount. Synergy Farms sold 33.33% of the offering. The fundraising is still open. The average investment size for companies in the Agriculture industry is $287,000. The offering was 93.03% smaller than the average of $287,000. Of course this should not be interpreted as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this offering is set at $10000. 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 Synergy Farms Also

The Form D signed by Sara Davis might help Synergy Farms 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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