Loge Co $800000 Fundraising. Johannes Ariens Released Feb 15 Form D

February 15, 2018 - By Nellie Frank

Loge Co Financing

Loge Co, Corporation just submitted form D because of $800,000 debt financing. This is a new filing. Loge Co was able to sell $800,000. That is 100.00 % of the offering. The total fundraising amount was $800,000. The financing form was filed on 2018-02-15. The reason for the financing was: unspecified.

Loge Co is based in Washington. The filler’s business is Lodging and Conventions. The form D was filed by Johannes Ariens CEO. The company was incorporated in 2016. The filler’s address is: 4742 42Nd Ave Sw #5, Seattle, Wa, Washington, 98116. Johannes Ariens is the related person in the form and it has address: 4742 42Nd Ave Sw #5, Seattle, Wa, Washington, 98116. Link to Loge Co Filing: 000168979818000002.

Analysis of Loge Co Offering

On average, firms in the Lodging and Conventions sector, sell 27.00 % of the total offering amount. Loge Co sold 100.00 % of the offering. Could this mean that the trust in Loge Co is high? The average offering size for companies in the Lodging and Conventions industry is $693,000. The total amount raised is 15.44 % bigger than the average for companies in the Lodging and Conventions sector. The minimum investment for this offering was set at $1. 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 Loge Co Also

The Form D signed by Johannes Ariens might help Loge Co’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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