Mahogany By The Bay Financing
Mahogany By The Bay, Llc, Limited Liability Company just filed form D for $750,000 equity financing. This is a new filing. Mahogany By The Bay, Llc is expected to fundraise $750,000 in this fundraising offer. The total private financing amount was $750,000. The financing form was filed on 2015-09-29. The reason for the financing was: unspecified. The fundraising still has about $750,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Mahogany By The Bay is based in Alabama. The firm’s business is Other Real Estate. The SEC form was submitted by David R Zook Manager of Manager. The company was incorporated in 2015. The filler’s address is: 412 N. Main Street, Suite 100, Buffalo, Wy, Wyoming, 82834. David R Zook is the related person in the form and it has address: 100 Clearwater Dr, Gap, Pa, Pennsylvania, 17527. Link to Mahogany By The Bay Filing: 000165425115000001.
Analysis of Mahogany By The Bay Offering
On average, startups in the Other Real Estate sector, sell 100.00% of the total offering size. Mahogany By The Bay sold 0.00% of the offering. The financing is still open. The average financing size for companies in the Other Real Estate industry is $931,000. The offering was 100.00% smaller than the average of $931,000. Of course this should not be interpreted as negative. Firms get financed for different reasons and needs. The minimum investment for this financing is 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 Mahogany By The Bay Also
The Form D signed by David R Zook might help Mahogany By The Bay, 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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