Advance Green Energy $2.00 million Financing. Peter M Barbee Released Feb 15 form D

February 15, 2018 - By Marry Poplack

Advance Green Energy Financing

Advance Green Energy Inc, Corporation just had published form D for $2.00 million equity financing. This is a new filing. Advance Green Energy Inc is expected to sell $2.00 million in this offering. The total private financing amount was $2.00 million. The financing form was filed on 2018-02-15. The reason for the financing was: unspecified. The fundraising still has about $2.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Advance Green Energy is based in Alabama. The filler’s business is Other Energy. The form D was submitted by Peter M Barbee President. The company was incorporated in 2016. The filler’s address is: 523 Us Highway 41 South, Inverness, Fl, Florida, 34450. Peter M Barbee is the related person in the form and it has address: 523 Us Highway 41 South, Inverness, Fl, Florida, 34450. Link to Advance Green Energy Filing: 000169396618000002.

Analysis of Advance Green Energy Offering

On average, companies in the Other Energy sector, sell 65.00 % of the total offering size. Advance Green Energy sold 0.00 % of the offering. The financing is still open. The average fundraising amount for companies in the Other Energy industry is $1.11 million. The offering was 100.00 % smaller than the average of $1.11 million. Of course this should not be taken as negative. Firms raise funds for different needs and reasons. The minimum investment for this financing is set at $10000. 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 Advance Green Energy Also

The Form D signed by Peter M Barbee might help Advance Green Energy Inc’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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.