New York Wheel Investor Financing
New York Wheel Investor Llc, Limited Liability Company just released form D announcing $83.47 million equity financing. This is a new filing. New York Wheel Investor was able to fundraise $83.47 million. That is 100.00% of the offering. The total offering amount was $83.47 million. This form was filled on 2015-06-12. The reason for the financing was: Houlihan Lokey Capital, Inc. earned a total sales commission of $1,640,726. A portion of that commission ($367,000) was converted into equity in the issuer.Privos Capital, LLC earned sales commissions equal to $327,000..
New York Wheel Investor is based in New York. The filler’s business is Other Real Estate. The D form was signed by Richard Marin Chief Executive Officer. The company was incorporated in 2014. The filler’s address is: 7 Penn Plaza, 370 7Th Ave., Suite 1705, New York, Ny, New York, 10001. Richard Marin is the related person in the form and it has address: 7 Penn Plaza, 370 7Th Ave., Suite 1705, New York, Ny, New York, 10001. Link to New York Wheel Investor Filing: 000095014215001420.
Analysis of New York Wheel Investor Offering
On average, companies in the Other Real Estate sector, sell 100.00% of the total offering size. New York Wheel Investor sold 100.00% of the offering. Could this mean that the trust in New York Wheel Investor is high? The average offering amount for companies in the Other Real Estate industry is $931,000. The total amount raised is 8,866.02% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this financing is set at $15000. 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 New York Wheel Investor Also
The Form D signed by Richard Marin might help New York Wheel Investor Llc’s business. 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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