Lg River Walk Financing
Lg River Walk, Llc, Limited Liability Company just had published form D regarding $15.30 million equity financing. This is a new filing. Lg River Walk was able to sell $15.30 million. That is 100.00% of the fundraising. The total private financing amount was $15.30 million. The offering form was filed on 2016-11-28. The reason for the financing was: unspecified.
Lg River Walk is based in Alabama. The firm’s business is Commercial. The SEC form was signed by David Cocanougher Managing Director of the ultimate managing member. The company was incorporated in 2015. The filler’s address is: 2301 Cedar Springs Road, Suite 200, Dallas, Tx, Texas, 75201. Fernando De Leon is the related person in the form and it has address: 2301 Cedar Springs Road, Suite 200, Dallas, Tx, Texas, 75201. Link to Lg River Walk Filing: 000169044616000001.
Analysis of Lg River Walk Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering size. Lg River Walk sold 100.00% of the offering. Could this mean that the trust in Lg River Walk is high? The average investment floor size for companies in the Commercial industry is $1.60 million. The total amount raised is 856.17% bigger than the average for companies in the Commercial sector. The minimum investment for this financing is set at $0. 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 Lg River Walk Also
The Form D signed by David Cocanougher might help Lg River Walk, 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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