Carbon Engineering Limited Partnership Financing
Carbon Engineering Limited Partnership, Limited Partnership just filed form D about $8.94 million equity financing. This is a new filing. Carbon Engineering Limited Partnership was able to finance itself with $3.81 million so far. That is 42.69% of the fundraising offer. The total private offering amount was $8.94 million. The form was filed on 2016-11-22. The reason for the financing was: Offering was originally Canadian dollars. Totals above are equivalents in USD.. The fundraising still has about $5.12 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Carbon Engineering Limited Partnership is based in British Columbia – Canada. The company’s business is Other Energy. The form was signed by Susan L Koch Chief Financial Officer. The company was incorporated more than five years ago. The filler’s address is: 37321 Galbraith Road, Squamish, A1, British Columbia, Canada, V8b0a2. Adrian Corless is the related person in the form and it has address: 37321 Galbraith Road, Squamish, A1, British Columbia, Canada, V8b0a2. Link to Carbon Engineering Limited Partnership Filing: 000168915616000001.
Analysis of Carbon Engineering Limited Partnership Offering
On average, firms in the Other Energy sector, sell 65.00% of the total offering amount. Carbon Engineering Limited Partnership sold 42.69% of the offering. The financing is still open. The average offering amount for companies in the Other Energy industry is $1.11 million. The total amount raised is 244.61% bigger than the average for companies in the Other Energy sector. The minimum investment for this fundraising is set at $15000. 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 Carbon Engineering Limited Partnership Also
The Form D signed by Susan L Koch might help Carbon Engineering Limited Partnership’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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