Fig Small Batch $100000 Financing. Jonathan Chan Released Jul 19 form

July 19, 2017 - By Kurt Siggers

Fig Small Batch Financing

Fig Small Batch, Llc, Limited Liability Company just filed form D about $100,000 equity financing. This is a new filing. Fig Small Batch was able to fundraise $9,000 so far. That is 9.00 % of the financing round. The total financing amount was $100,000. The offering form was filed on 2017-07-19. The reason for the financing was: Series Flash Point Units. The fundraising still has about $91,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Fig Small Batch is based in California. The firm’s business is not disclosed. The SEC form was signed by Jonathan Chan COO of Fig Publishing, Inc., Managing Member of Issuer. The company was incorporated in 2016. The filler’s address is: 599 3Rd Street, Suite 211, San Francisco, Ca, California, 94107. Justin Bailey is the related person in the form and it has address: 599 3Rd Street, Suite 211, San Francisco, Ca, California, 94107. Link to Fig Small Batch Filing: 000146581817000043.

Analysis of Fig Small Batch Offering

On average, firms in the not disclosed sector, sell 67.77 % of the total offering size. Fig Small Batch sold 9.00 % of the offering. The fundraising is still open. The average offering size for companies in all industries in our database is $3.05 million. The offering was 99.70 % smaller than the average of $3.05 million. Of course this should not be taken as negative. Startups raise funds for different needs and reasons. The minimum investment for this offering was set at $1000. 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 Fig Small Batch Also

The Form D signed by Jonathan Chan might help Fig Small Batch, 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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