Mr Cooper Group Inc (COOP)

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Announcing Fundraising?

Wmi Holdings Financing

Wmi Holdings Corp., Corporation just had published form D regarding $700,009 financing. Wmi Holdings was able to sell $700,009. That is 100.00% of the financing offer. The total private offering amount was $700,009. The financing document was filled on 2015-05-05. The reason for the financing was: unspecified.

Wmi Holdings is based in Washington. The company’s business is Insurance. The form was signed by Charles Edward Smith Interim Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 1201 Third Avenue, Suite 3000, Seattle, Wa, Washington, 98101. Eugene I. Davis is the related person in the form and it has address: 1201 Third Avenue, Suite 3000, Seattle, Wa, Washington, 98101.

Analysis of Wmi Holdings Offering

On average, companies in the Insurance sector, sell 70.00% of the total offering amount. Wmi Holdings sold 100.00% of the offering. Could this mean that the trust in Wmi Holdings is high? The average offering amount for companies in the Insurance industry is $996,000. The offering was 29.72% smaller than the average of $996,000. Of course this should not be seen as negative. Startups get financed for a variety of needs and reasons. The minimum investment for this offering is set at $0. 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 Wmi Holdings Also

Despite Charles Edward Smith’s reporting disadvantages, Wmi Holdings Corp. could benefit from this reporting. 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.

13. Offering and Sales Amounts
Total Offering Amount $ 700009 USD o Indefinite
Total Amount Sold $ 700009 USD
Total Remaining to be Sold $ 0 USD o Indefinite

http://www.octafinance.com/wmi-holdings-just-filled-form-d-announcing-700009-fundraising/