Eventide Jamestown Financing
Eventide Jamestown Llc, Limited Liability Company just released form D for $370,000 debt financing. This is a new filing. Eventide Jamestown was able to finance itself with $370,000. That is 100.00% of the round of financing. The total private financing amount was $370,000. The form was filed on 2016-11-29. The reason for the financing was: unspecified.
Eventide Jamestown is based in Minnesota. The company’s business is Other Health Care. The SEC form was signed by Jon Riewer President & CEO. The company was incorporated more than five years ago. The filler’s address is: 2405 8Th Street S., Suite A, Moorhead, Mn, Minnesota, 56560. Jon Riewer is the related person in the form and it has address: 2405 8Th Street S., Suite A, Moorhead, Mn, Minnesota, 56560. Link to Eventide Jamestown Filing: 000169065116000001.
Analysis of Eventide Jamestown Offering
On average, companies in the Other Health Care sector, sell 68.60% of the total offering size. Eventide Jamestown sold 100.00% of the offering. Could this mean that the trust in Eventide Jamestown is high? The average investment floor size for companies in the Other Health Care industry is $1.16 million. The offering was 68.10% smaller than the average of $1.16 million. Of course this should not be taken as negative. Businesses raise funds for different needs and reasons. 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 Eventide Jamestown Also
The Form D signed by Jon Riewer might help Eventide Jamestown 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.