Form D Buzzer: Gti Investments $10.00 million Fundraising. Benjamin Kovler Filed Nov 30 Form D

Gti Investments, Llc - Benjamin Kovler

Gti Investments Financing

Gti Investments, Llc, Limited Liability Company just filed form D announcing $10.00 million equity financing. The date of first sale was 2016-02-01. Gti Investments was able to finance itself with $9.66 million. That is 96.65% of the fundraising offer. The total private financing amount was $10.00 million. The form was filed on 2016-11-30. The reason for the financing was: unspecified. The fundraising still has about $335,168 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Gti Investments is based in Illinois. The firm’s business is not disclosed. The form was filed by Benjamin Kovler Manager, GTI Management, LLC, its Manager. The company was incorporated in 2015. The filler’s address is: 325 West Huron Street, Suite 230, Chicago, Il, Illinois, 60654. Peter Kadens is the related person in the form and it has address: 2630 N. Paulina Street, Chicago, Il, Illinois, 60614. Link to Gti Investments Filing: 000167278516000002.

Analysis of Gti Investments Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Gti Investments sold 96.65% of the offering. The fundraising is still open. Could this mean that the trust in Gti Investments is high? The average investment size for companies in all industries in our database is $3.05 million. The total amount raised is 216.88% bigger than the average for companies in the database. The minimum investment for this financing was set at $30000. 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 Gti Investments Also

The Form D signed by Benjamin Kovler might help Gti Investments, 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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