Sperry Equities Financing
Sperry Equities, Llc, Limited Liability Company just filed form D for $675,000 equity financing. This is a new filing. Sperry Equities was able to finance itself with $675,000. That is 100.00% of the financing offer. The total private financing amount was $675,000. The offering form was filed on 2016-11-29. The reason for the financing was: unspecified.
Sperry Equities is based in California. The company’s business is Other Real Estate. The form D was filed by Mark Long Attorney in Fact. The company was incorporated in 2012. The filler’s address is: 18881 Von Karman Ave. #800, Irvine, Ca, California, 92612. Burton Young is the related person in the form and it has address: 18881 Von Karman Ave., Suite 800, Irvine, Ca, California, 92612. Link to Sperry Equities Filing: 000169086316000001.
Analysis of Sperry Equities Offering
On average, startups in the Other Real Estate sector, sell 100.00% of the total offering size. Sperry Equities sold 100.00% of the offering. Could this mean that the trust in Sperry Equities is high? The average fundraising amount for companies in the Other Real Estate industry is $931,000. The offering was 27.50% smaller than the average of $931,000. Of course this should not be seen as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this offering is set at $337500. 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 Sperry Equities Also
The Form D signed by Mark Long might help Sperry Equities, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.