Roanoke Mob Financing
Roanoke Mob, Lp, Limited Partnership just submitted form D because of $725,000 equity financing. This is a new filing. Roanoke Mob was able to fundraise $650,000. That is 89.66% of the offering. The total private financing amount was $725,000. The financing form was filed on 2016-12-01. The reason for the financing was: Such person has a beneficial ownership in the amount shown, any portion of which may be paid to third parties in connection with the property acquisition.. The fundraising still has about $75,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Roanoke Mob is based in Alabama. The company’s business is Commercial. The D form was submitted by Chrisman Jackson Manager, Roanoke MOB Managers, LLC, General Partner. The company was incorporated in 2016. The filler’s address is: 5910 N. Central Expressway, Suite 1000, Dallas, Tx, Texas, 75206. Jason Dodd is the related person in the form and it has address: 5910 N. Central Expressway, Suite 1000, Dallas, Tx, Texas, 75206. Link to Roanoke Mob Filing: 000169131616000001.
Analysis of Roanoke Mob Offering
On average, firms in the Commercial sector, sell 65.22% of the total offering amount. Roanoke Mob sold 89.66% of the offering. The financing is still open. Could this mean that the trust in Roanoke Mob is high? The average investment floor size for companies in the Commercial industry is $1.60 million. The offering was 59.38% smaller than the average of $1.60 million. Of course this should not be taken as negative. Companies get financed for different needs and reasons. The minimum investment for this offering is set at $25000. 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 Roanoke Mob Also
The Form D signed by Chrisman Jackson might help Roanoke Mob, Lp’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.