Mhi Restaurant Group $999999 Financing. Jeffrey A Miceli Filed Aug 10 SEC form

August 11, 2017 - By Darrin Black

Mhi Restaurant Group Financing

Mhi Restaurant Group, Llc, Limited Liability Company just released form D because of $999,999 equity financing. This is a new filing. Mhi Restaurant Group was able to fundraise $999,999. That is 100.00 % of the financing round. The total private financing amount was $999,999. The fundraising form was filed on 2017-08-10. The reason for the financing was: unspecified.

Mhi Restaurant Group is based in Colorado. The filler’s business is Restaurants. The D form was filed by Jeffrey A Miceli President. The company was incorporated in 2017. The filler’s address is: 2373 Central Park Blvd, Unit 107, Denver, Co, Colorado, 80238. Jeffrey A. Miceli is the related person in the form and it has address: C/O Mhi Restaurant Group, Llc, 2373 Central Park Blvd., Unit 107, Denver, Co, Colorado, 80238. Link to Mhi Restaurant Group Filing: 000171447917000001.

Analysis of Mhi Restaurant Group Offering

On average, companies in the Restaurants sector, sell 99.00 % of the total offering size. Mhi Restaurant Group sold 100.00 % of the offering. Could this mean that the trust in Mhi Restaurant Group is high? The average fundraising amount for companies in the Restaurants industry is $302,000. The total amount raised is 231.13 % bigger than the average for companies in the Restaurants sector. The minimum investment for this financing was set at $0. 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 Mhi Restaurant Group Also

The Form D signed by Jeffrey A Miceli might help Mhi Restaurant 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.

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