Cs2k $25.00 million Financing. William H Bromley Submitted Sep 14 form

September 14, 2018 - By Margaret Downey

Cs2k Financing

Cs2k, Llc, Limited Liability Company just had published form D announcing $25.00 million debt financing. This is a new filing. Cs2k was able to fundraise $912,500 so far. That is 3.65 % of the fundraising. The total offering amount was $25.00 million. The form was filed on 2018-09-14. The reason for the financing was: unspecified. The fundraising still has about $24.09 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Cs2k is based in Alabama. The firm’s business is Other Banking and Financial Services. The SEC form was filed by William H Bromley President and Manager. The company was incorporated in 2018. The filler’s address is: 200 W. Elm Street, Suite 1223, Conshohocken, Pa, Pennsylvania, 19428. William H. Bromley is the related person in the form and it has address: 200 W. Elm Street, Suite 1223, Conshohocken, Pa, Pennsylvania, 19428. Link to Cs2k Filing: 000175312518000001.

Analysis of Cs2k Offering

On average, companies in the Other Banking and Financial Services sector, sell 60.00 % of the total offering amount. Cs2k sold 3.65 % of the offering. The fundraising is still open. The average offering size for companies in the Other Banking and Financial Services industry is $1.58 million. The offering was 42.06 % smaller than the average of $1.58 million. Of course this should not be taken as negative. Startups get financed for different reasons and needs. The minimum investment for this offering was set at $100000. 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 Cs2k Also

The Form D signed by William H Bromley might help Cs2k, 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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