Chameleon Cold Brew Financing
Chameleon Cold Brew, Llc, Limited Liability Company just had published form D about $4.50 million equity financing. This is a new filing. Chameleon Cold Brew was able to fundraise $4.00 million. That is 88.89% of the financing offer. The total financing amount was $4.50 million. The fundraising form was filed on 2015-08-07. The reason for the financing was: unspecified. The fundraising still has about $500,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Chameleon Cold Brew is based in Texas. The firm’s business is not disclosed. The SEC form was submitted by Christopher Campbell Chief Executive Officer. The company was incorporated in 2012. The filler’s address is: 1516 West Koenig Lane, Austin, Tx, Texas, 78756. Christopher Campbell is the related person in the form and it has address: 1516 West Koenig Lane, Austin, Tx, Texas, 78756. Link to Chameleon Cold Brew Filing: 000165036215000002.
Analysis of Chameleon Cold Brew Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Chameleon Cold Brew sold 88.89% of the offering. The fundraising is still open. Could this mean that the trust in Chameleon Cold Brew is high? The average fundraising amount for companies in all industries in our database is $3.05 million. The total amount raised is 31.15% bigger than the average for companies in the database. The minimum investment for this fundraising was 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 Chameleon Cold Brew Also
The Form D signed by Christopher Campbell might help Chameleon Cold Brew, 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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