Form D of The Day: Meritum Energy Holdings $6.00 million Fundraising. Robert Chalmers Filed Oct 7 D form

Oil And Gas Meritum Energy Holdings, Lp - Robert Chalmers

Meritum Energy Holdings Financing

Meritum Energy Holdings, Lp, Limited Partnership just had published form D because of $6.00 million equity financing. This is a new filing. Meritum Energy Holdings was able to finance itself with $2.97 million so far. That is 49.52% of the fundraising offer. The total offering amount was $6.00 million. The fundraising form was filed on 2016-10-07. The reason for the financing was: unspecified. The fundraising still has about $3.03 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Meritum Energy Holdings is based in Texas. The company’s business is Oil and Gas. The SEC form was submitted by Robert Chalmers Manager of the general partner of the issuer. The company was incorporated in 2015. The filler’s address is: 1826 N. Loop 1604 W., Suite 325, San Antonio, Tx, Texas, 78248. Chris Hill is the related person in the form and it has address: 1826 N. Loop 1604 W., Suite 325, San Antonio, Tx, Texas, 78248. Link to Meritum Energy Holdings Filing: 000165283116000002.

Analysis of Meritum Energy Holdings Offering

On average, companies in the Oil and Gas sector, sell 13.77% of the total offering amount. Meritum Energy Holdings sold 49.52% of the offering. The fundraising is still open. Could this mean that the trust in Meritum Energy Holdings is high? The average investment offering size for companies in the Oil and Gas industry is $227,000. The total amount raised is 1,208.95% bigger than the average for companies in the Oil and Gas sector. The minimum investment for this financing 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 Meritum Energy Holdings Also

The Form D signed by Robert Chalmers might help Meritum Energy Holdings, Lp’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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