Delorean Power Financing
Delorean Power Llc, Limited Liability Company just released form D because of $1.09 million equity financing. This is a new filing. Delorean Power was able to sell $1.09 million. That is 100.00 % of the financing round. The total private financing amount was $1.09 million. The financing document was filed on 2019-12-03. The reason for the financing was: unspecified.
Delorean Power is based in Virginia. The filler’s business is Other Energy. The form was signed by Rory Jones Manager. The company was incorporated in 2019. The filler’s address is: 210 Wesmond Drive, Alexandria, Va, Virginia, 22305. Rory Jones is the related person in the form and it has address: 210 Wesmond Drive, Alexandria, Va, Virginia, 22305. Link to Delorean Power Filing: 000089843219001339.
Analysis of Delorean Power Offering
On average, companies in the Other Energy sector, sell 65.00 % of the total offering amount. Delorean Power sold 100.00 % of the offering. Could this mean that the trust in Delorean Power is high? The average fundraising amount for companies in the Other Energy industry is $1.11 million. The offering was 1.76 % smaller than the average of $1.11 million. Of course this should not be taken as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this fundraising was 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 Delorean Power Also
The Form D signed by Rory Jones might help Delorean Power 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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