Azaz Franklin Square Financing
Azaz Franklin Square, Llc, Limited Liability Company just released form D for $2.75 million equity financing. This is a new filing. Azaz Franklin Square was able to sell $2.75 million. That is 100.00% of the financing round. The total financing amount was $2.75 million. The private financing document was filed on 2015-09-11. The reason for the financing was: Up to this approximate amount may be paid to reimburse the manager for costs of organizing the issuer, raising money and related costs, and for initial management fees..
Azaz Franklin Square is based in Florida. The firm’s business is not disclosed. The D form was signed by Samuel R Linsky Manager. The company was incorporated in 2015. The filler’s address is: 1810 Kennedy Boulevard, Tampa, Fl, Florida, 33606. . Azaz Franklin Square Manager, Llc is the related person in the form and it has address: 1810 Kennedy Boulevard, Tampa, Fl, Florida, 33606. Link to Azaz Franklin Square Filing: 000119891215000009.
Analysis of Azaz Franklin Square Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Azaz Franklin Square sold 100.00% of the offering. Could this mean that the trust in Azaz Franklin Square is high? The average financing size for companies in all industries in our database is $3.05 million. The offering was 9.84% smaller than the average of $3.05 million. Of course this should not be seen as negative. Startups get financed for different needs and reasons. The minimum investment for this financing is 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 Azaz Franklin Square Also
The Form D signed by Samuel R Linsky might help Azaz Franklin Square, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.