Today’s Form D On Watch: Manoa Botanicals $5.00 million Financing. Brian Goldstein Submitted Nov 28 SEC form

Health Care Manoa Botanicals Llc - Brian Goldstein

Manoa Botanicals Financing

Manoa Botanicals Llc, Limited Liability Company just had published form D regarding $5.00 million debt financing. This is a new filing. Manoa Botanicals was able to finance itself with $4.75 million. That is 95.00% of the financing round. The total fundraising amount was $5.00 million. The form was filed on 2016-11-28. The reason for the financing was: unspecified. The fundraising still has about $250,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Manoa Botanicals is based in Hawaii. The company’s business is Other Health Care. The D form was submitted by Brian Goldstein President. The company was incorporated in 2015. The filler’s address is: 1308 Young Street, Honolulu, Hi, Hawaii, 96814. Brian Goldstein is the related person in the form and it has address: 1308 Young Street, Honolulu, Hi, Hawaii, 96814. Link to Manoa Botanicals Filing: 000165553916000008.

Analysis of Manoa Botanicals Offering

On average, startups in the Other Health Care sector, sell 68.60% of the total offering size. Manoa Botanicals sold 95.00% of the offering. The fundraising is still open. Could this mean that the trust in Manoa Botanicals is high? The average investment size for companies in the Other Health Care industry is $1.16 million. The total amount raised is 309.48% bigger than the average for companies in the Other Health Care sector. The minimum investment for this offering was 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 Manoa Botanicals Also

The Form D signed by Brian Goldstein might help Manoa Botanicals 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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