Form D On Watch: Sousatzka Broadway Limited Partnership $11.00 million Fundraising. RICHARD STURSBERG Filed Dec 1 D form

Sousatzka Broadway Limited Partnership - RICHARD STURSBERG

Sousatzka Broadway Limited Partnership Financing

Sousatzka Broadway Limited Partnership, Limited Partnership just had published form D for $11.00 million equity financing. This is a new filing. Sousatzka Broadway Limited Partnership is expected to sell $11.00 million in this fundraising. The total financing amount was $11.00 million. The form was filed on 2016-12-01. The reason for the financing was: unspecified. The fundraising still has about $11.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Sousatzka Broadway Limited Partnership is based in Alabama. The company’s business is not disclosed. The form D was filed by RICHARD STURSBERG CHIEF EXECUTIVE OFFICER. The company was incorporated in 2016. The filler’s address is: 1200 Bay Street, Toronto, A6, Ontario, Canada, M5r 2A5. Richard Stursberg is the related person in the form and it has address: 370 Markham Street, Toronto, A6, Ontario, Canada, M6g 2K9. Link to Sousatzka Broadway Limited Partnership Filing: 000169100016000001.

Analysis of Sousatzka Broadway Limited Partnership Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering amount. Sousatzka Broadway Limited Partnership sold 0.00% of the offering. The fundraising is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 100.00% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this fundraising was set at $0. If you know more about the reasons for the financing, 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 Sousatzka Broadway Limited Partnership Also

The Form D signed by RICHARD STURSBERG might help Sousatzka Broadway 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment