Industrial Logistics Realty Trust Financing
Industrial Logistics Realty Trust Inc., Corporation just submitted form D about $500,000 equity and debt financing. This is a new filing. Industrial Logistics Realty Trust was able to sell $500,000. That is 100.00% of the financing offer. The total offering amount was $500,000. The financing document was filed on 2016-11-22. The reason for the financing was: Promissory notes offered by Industrial Logistics Realty Trust Inc. in the aggregate amount of $375,400 and common stock offered by Industrial Realty Trust Inc. in the aggregate amount of $124,600..
Industrial Logistics Realty Trust is based in Colorado. The company’s business is REITS and Finance. The form was signed by Sarah Wadsworth VP, Assistant General Counsel & Assistant Secretary. The company was incorporated in 2014. The filler’s address is: 518 Seventeenth Street, 17Th Floor, Denver, Co, Colorado, 80202. Dwight L. Merriman, Iii is the related person in the form and it has address: 518 Seventeenth Street, 17Th Floor, Denver, Co, Colorado, 80202. Link to Industrial Logistics Realty Trust Filing: 000120919116152167.
Analysis of Industrial Logistics Realty Trust Offering
On average, companies in the REITS and Finance sector, sell 56.00% of the total offering size. Industrial Logistics Realty Trust sold 100.00% of the offering. Could this mean that the trust in Industrial Logistics Realty Trust is high? The average investment floor size for companies in the REITS and Finance industry is $988,700. The offering was 49.43% smaller than the average of $988,700. Of course this should not be seen as negative. Companies get financed for different needs and reasons. The minimum investment for this fundraising was set at $4000. 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 Industrial Logistics Realty Trust Also
The Form D signed by Sarah Wadsworth might help Industrial Logistics Realty Trust 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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