Acrg Holdings Financing
Acrg Holdings Llc, Limited Liability Company just released form D for $25,000 debt financing. This is a new filing. Acrg Holdings was able to sell $25,000. That is 100.00% of the round of financing. The total fundraising amount was $25,000. The financing document was filed on 2016-12-01. The reason for the financing was: unspecified.
Acrg Holdings is based in Massachusetts. The filler’s business is Investing. The form D was signed by JOHN GREENE MANAGER. The company was incorporated in 2016. The filler’s address is: 41 Long Duck Pond Road, Plymouth, Ma, Massachusetts, 02360. John Greene is the related person in the form and it has address: 41 Long Duck Pond Rd, Plymouth, Ma, Massachusetts, 02360. Link to Acrg Holdings Filing: 000169086816000001.
Analysis of Acrg Holdings Offering
On average, companies in the Investing sector, sell 66.70% of the total offering size. Acrg Holdings sold 100.00% of the offering. Could this mean that the trust in Acrg Holdings is high? The average fundraising amount for companies in the Investing industry is $1.41 million. The offering was 98.23% smaller than the average of $1.41 million. Of course this should not be interpreted as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this offering was set at $1200. 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 Acrg Holdings Also
The Form D signed by JOHN GREENE might help Acrg Holdings 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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