Dual City Capital Group $5.00 million Fundraising. David Utley Filed Aug 10 SEC Filing

August 10, 2017 - By Marie Mckinney

Dual City Capital Group Financing

Dual City Capital Group, Llc, Limited Liability Company just filed form D about $5.00 million equity financing. This is a new filing. Dual City Capital Group, Llc is expected to fundraise $5.00 million in this financing round. The total private offering amount was $5.00 million. This form was filed on 2017-08-10. The reason for the financing was: Manager?s Acquisition Fee: 2% of the total purchase price of each Property.. The fundraising still has about $5.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Dual City Capital Group is based in South Carolina. The filler’s business is Commercial. The SEC form was filed by David Utley Attorney In Fact. The company was incorporated in 2017. The filler’s address is: 2335 East North St. Suite 1108-102, Greenville, Sc, South Carolina, 29681. Keith Nelson is the related person in the form and it has address: 51 Meadow Rose Drive, Travelers Rest, Sc, South Carolina, 29690. Link to Dual City Capital Group Filing: 000171448817000001.

Analysis of Dual City Capital Group Offering

On average, firms in the Commercial sector, sell 65.22 % of the total offering size. Dual City Capital Group sold 0.00 % of the offering. The financing is still open. The average investment offering size for companies in the Commercial industry is $1.60 million. The offering was 100.00 % smaller than the average of $1.60 million. Of course this should not be interpreted as negative. Startups raise funds for different needs and reasons. The minimum investment for this offering is set at $50000. 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 Dual City Capital Group Also

The Form D signed by David Utley might help Dual City Capital Group, 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 our FREE daily email newsletter.