Sandhill Advanced Biofuels Fundraising

A form D was released by Sandhill Advanced Biofuels Llc, Limited Liability Company regarding $3.50 million equity financing. This is a new filing. The remaining amount is $3.50 million.In total it’s $3.50 million. On 2019-03-06 the document was released and the reason was: unspecified. The fundraising still has about $3.50 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Sandhill Advanced Biofuels is based in New York. The company works in the Other Energy business. The person that submitted the SEC form was Gilbert H Dunham CEO. The company was incorporated in 2018. The filler’s address is: 750 Lexington Ave, 24Th Fl, Psg Offices, New York, Ny, New York, 10022. Gilbert H. Dunham is the related person in the form and it has address: 71 Havenmeyer Rd., Irvington, Ny, New York, 10533. Link to Sandhill Advanced Biofuels Filing: .

Sandhill Advanced Biofuels Offering Details

The companies in the Other Energy sector sell on avg 65.00 % of their offerings size. Sandhill Advanced Biofuels have sold 0.00 % so far. The fundraising is still open. Also companies in the Other Energy industry have an avg fundraising amount of $1.11 million.That’s 100.00 % smaller than the average. Of course this should not be taken as negative. Companies raise funds for a variety of reasons and needs.As for minimum investment it was required at $50000.

Form D – advantages and disadvantages

Usually Form D fillings have information that ventures and startups don’t like revealing. More precisely they reveal plans and reasons for funds raising. On other hand this could help understand better your competitors.

Sandhill Advanced Biofuels ‘s pluses of Fundraising Reporting

The Form D signed by Gilbert H Dunham might help Sandhill Advanced Biofuels Llc as clients feel much more safe to work with a better financed firm. Chances are high that Sandhill Advanced Biofuels Llc will stay financially sound. There are good PR effects as well as more attention from angels venture-capital, firms and funds.