Great Nxpectations $1.50 million Fundraising. Nathan D George Filed Dec 19 D Filing

December 20, 2017 - By simple simple

Great Nxpectations Financing

Great Nxpectations, Llc, Limited Liability Company just released form D for $1.50 million equity financing. The date of first sale was 2016-12-09. Great Nxpectations was able to fundraise $1.50 million. That is 100.00 % of the offering. The total fundraising amount was $1.50 million. The fundraising form was filed on 2017-12-19. The reason for the financing was: unspecified.

Great Nxpectations is based in California. The firm’s business is Restaurants. The SEC form was submitted by Nathan D George Managing Member. The company was incorporated in 2015. The filler’s address is: 2420 Shattuck Avenue, Berkeley, Ca, California, 94704. Nathan Darden George is the related person in the form and it has address: 9101 Burning Tree Road, Bethesda, Md, Maryland, 20817. Link to Great Nxpectations Filing: 000172468917000003.

Analysis of Great Nxpectations Offering

On average, startups in the Restaurants sector, sell 99.00 % of the total offering size. Great Nxpectations sold 100.00 % of the offering. Could this mean that the trust in Great Nxpectations is high? The average investment size for companies in the Restaurants industry is $302,000. The total amount raised is 396.69 % bigger than the average for companies in the Restaurants sector. The minimum investment for this fundraising was set at $25000. 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 Great Nxpectations Also

The Form D signed by Nathan D George might help Great Nxpectations, 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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