Merit Energy Partners J Financing
Merit Energy Partners J, L.P., Limited Partnership just had published form D because of $789.58 million equity financing. This is a new filing. Merit Energy Partners J was able to finance itself with $789.58 million. That is 100.00% of the round of financing. The total offering amount was $789.58 million. The form was filed on 2016-10-07. The reason for the financing was: unspecified.
Merit Energy Partners J is based in Texas. The filler’s business is Oil and Gas. The SEC form was submitted by Christopher S Hagge Executive Officer of the GP of the Issuer’s GP. The company was incorporated in 2016. The filler’s address is: 13727 Noel Road, Tower 2, Suite 1200, Dallas, Tx, Texas, 75240. Merit Energy Company, Llc is the related person in the form and it has address: 13727 Noel Road, Tower 2, Suite 1200, Dallas, Tx, Texas, 75240. Link to Merit Energy Partners J Filing: 000168610116000001.
Analysis of Merit Energy Partners J Offering
On average, startups in the Oil and Gas sector, sell 13.77% of the total offering amount. Merit Energy Partners J sold 100.00% of the offering. Could this mean that the trust in Merit Energy Partners J is high? The average investment size for companies in the Oil and Gas industry is $227,000. The total amount raised is 347,730.40% 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 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 Merit Energy Partners J Also
The Form D signed by Christopher S Hagge might help Merit Energy Partners J, L.P.’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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