Limitless Entertainment Fayetteville Nc $750000 Financing. Suraj Jagannathan Filed Jul 16 form D

July 16, 2018 - By Kristin Houston

Limitless Entertainment Fayetteville Nc Financing

Limitless Entertainment Fayetteville Nc Llc, Limited Liability Company just had published form D announcing $750,000 equity financing. This is a new filing. Limitless Entertainment Fayetteville Nc Llc is expected to sell $750,000 in this financing offer. The total fundraising amount was $750,000. This form was filed on 2018-07-16. The reason for the financing was: unspecified. The fundraising still has about $750,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Limitless Entertainment Fayetteville Nc is based in Texas. The company’s business is not disclosed. The SEC form was signed by Suraj Jagannathan Manager. The company was incorporated in 2018. The filler’s address is: 163 Oak Lawn Ave, Dallas, Tx, Texas, 75207. Suraj Jagannathan is the related person in the form and it has address: 163 Oak Lawn Ave, Dallas, Tx, Texas, 75207. Link to Limitless Entertainment Fayetteville Nc Filing: 000174643718000001.

Analysis of Limitless Entertainment Fayetteville Nc Offering

On average, companies in the not disclosed sector, sell 67.77 % of the total offering size. Limitless Entertainment Fayetteville Nc sold 0.00 % of the offering. The fundraising is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 100.00 % smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups raise funds for a variety of reasons and needs. The minimum investment for this financing is set at $150000. 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 Limitless Entertainment Fayetteville Nc Also

The Form D signed by Suraj Jagannathan might help Limitless Entertainment Fayetteville Nc 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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