Cpj IIi Financing
Cpj IIi, Llc, Limited Liability Company just submitted form D regarding $1.25 million equity financing. This is a new filing. Cpj IIi was able to sell $268,500 so far. That is 21.48% of the offering. The total private financing amount was $1.25 million. This form was filed on 2016-12-01. The reason for the financing was: unspecified. The fundraising still has about $981,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Cpj IIi is based in Georgia. The filler’s business is Agriculture. The form D was signed by Phillip Jennings III Manager. The company was incorporated more than five years ago. The filler’s address is: 6311 Georgia Highway 86, Soperton, Ga, Georgia, 30457. Phillip Jennings is the related person in the form and it has address: 6311 Georgia Highway 86, Soperton, Ga, Georgia, 30457. Link to Cpj IIi Filing: 000169098416000003.
Analysis of Cpj IIi Offering
On average, companies in the Agriculture sector, sell 63.30% of the total offering size. Cpj IIi sold 21.48% of the offering. The financing is still open. The average investment size for companies in the Agriculture industry is $287,000. The offering was 6.45% smaller than the average of $287,000. Of course this should not be seen as negative. Firms raise funds for a variety of reasons and needs. The minimum investment for this offering was set at $50000. 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 Cpj IIi Also
The Form D signed by Phillip Jennings III might help Cpj IIi, 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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