Op 611 Commerce Holdings $9.29 million Financing. Justin Albright Submitted Oct 1 SEC Form

October 2, 2018 - By Vivian Park

Op 611 Commerce Holdings Financing

Op 611 Commerce Holdings, Llc, Limited Liability Company just released form D announcing $9.29 million equity financing. This is a new filing. Op 611 Commerce Holdings was able to finance itself with $9.22 million. That is 99.25 % of the fundraising. The total offering amount was $9.29 million. The offering form was filed on 2018-10-01. The reason for the financing was: unspecified. The fundraising still has about $70,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Op 611 Commerce Holdings is based in Tennessee. The firm’s business is Commercial. The form D was submitted by Justin Albright Authorized Person. The company was incorporated in 2018. The filler’s address is: 2 Music Circle South, Suite 200, Nashville, Tn, Tennessee, 37203. Oak Point Properties, Llc is the related person in the form and it has address: 2 Music Circle South, Suite 200, Nashville, Tn, Tennessee, 37203. Link to Op 611 Commerce Holdings Filing: 000175294818000001.

Analysis of Op 611 Commerce Holdings Offering

On average, firms in the Commercial sector, sell 65.22 % of the total offering amount. Op 611 Commerce Holdings sold 99.25 % of the offering. The financing is still open. Could this mean that the trust in Op 611 Commerce Holdings is high? The average investment offering size for companies in the Commercial industry is $1.60 million. The total amount raised is 476.50 % bigger than the average for companies in the Commercial sector. The minimum investment for this fundraising is set at $10000. 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 Op 611 Commerce Holdings Also

The Form D signed by Justin Albright might help Op 611 Commerce Holdings, 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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