1050 Oz A $26.00 million Fundraising. Richard B Arnesen Published Aug 15 SEC Form

1050 Oz A Financing

1050 Oz A, Llc, Limited Liability Company just released form D about $26.00 million equity and debt financing. The date of first sale was 2019-06-28. 1050 Oz A was able to sell $10.63 million so far. That is 40.87 % of the offering. The total private offering amount was $26.00 million. This form was filed on 2019-08-15. The reason for the financing was: Commissions will be based on up to 3% of the total amount sold in the offering.. The fundraising still has about $15.38 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

1050 Oz A is based in Wisconsin. The company’s business is Other Real Estate. The form was submitted by Richard B Arnesen Vice President of SHD, Inc., the Manager. The company was incorporated in 2019. The filler’s address is: C/O Stone House Development, Inc., 1010 East Washington Avenue, Suite 101, Madison, Wi, Wisconsin, 53703. — Shd, Inc. is the related person in the form and it has address: 1010 East Washington Avenue, Suite 101, Madison, Wi, Wisconsin, 53703. Link to 1050 Oz A Filing: 000089706919000374.

Analysis of 1050 Oz A Offering

On average, startups in the Other Real Estate sector, sell 100.00 % of the total offering size. 1050 Oz A sold 40.87 % of the offering. The fundraising is still open. The average offering size for companies in the Other Real Estate industry is $931,000. The total amount raised is 1,041.25 % bigger than the average for companies in the Other Real Estate sector. The minimum investment for this offering was set at $250000. 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 1050 Oz A Also

The Form D signed by Richard B Arnesen might help 1050 Oz A, 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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