Storage World II Financing
Storage World II, Llc, Limited Liability Company just submitted form D announcing $2.50 million equity financing. This is a new filing. Storage World II was able to finance itself with $2.50 million. That is 100.00% of the financing offer. The total fundraising amount was $2.50 million. The offering form was filed on 2016-11-30. The reason for the financing was: unspecified.
Storage World II is based in Alabama. The firm’s business is Commercial. The SEC form was submitted by Jeffrey Bernson Manager. The company was incorporated in 2016. The filler’s address is: 7324 S. Union Park Avenue, Suite 200, Midvale, Ut, Utah, 84047. Jeffrey Bernson is the related person in the form and it has address: 7324 S. Union Park Ave, Ste 200, Midvale, Ut, Utah, 84047. Link to Storage World II Filing: 000169116516000001.
Analysis of Storage World II Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering size. Storage World II sold 100.00% of the offering. Could this mean that the trust in Storage World II is high? The average fundraising amount for companies in the Commercial industry is $1.60 million. The total amount raised is 56.25% bigger than the average for companies in the Commercial sector. The minimum investment for this offering is set at $0. 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 Storage World II Also
The Form D signed by Jeffrey Bernson might help Storage World II, 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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