Gadsden Growth Properties $2.00 million Fundraising. John Hartman Filed Jun 18 SEC Filing

June 19, 2018 - By Winifred Garcia

Gadsden Growth Properties Financing

Gadsden Growth Properties, L.P., Limited Partnership just filed form D about $2.00 million debt financing. This is a new filing. Gadsden Growth Properties was able to fundraise $1.61 million. That is 80.25 % of the round of financing. The total financing amount was $2.00 million. The offering form was filed on 2018-06-18. The reason for the financing was: unspecified. The fundraising still has about $395,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Gadsden Growth Properties is based in Arizona. The company’s business is REITS and Finance. The D form was submitted by John Hartman CEO. The company was incorporated in 2016. The filler’s address is: 15150 N. Hayden Road, Suite 220, Scottsdale, Az, Arizona, 85260. John E Hartman is the related person in the form and it has address: 15150 N. Hayden Road, Suite 220, Scottsdale, Az, Arizona, 85260. Link to Gadsden Growth Properties Filing: 000149315218008859.

Analysis of Gadsden Growth Properties Offering

On average, startups in the REITS and Finance sector, sell 56.00 % of the total offering amount. Gadsden Growth Properties sold 80.25 % of the offering. The fundraising is still open. Could this mean that the trust in Gadsden Growth Properties is high? The average offering size for companies in the REITS and Finance industry is $988,700. The total amount raised is 62.33 % bigger than the average for companies in the REITS and Finance sector. The minimum investment for this financing was set at $25000. 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 Gadsden Growth Properties Also

The Form D signed by John Hartman might help Gadsden Growth Properties, L.P.’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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