Form D On Watch: Dw Bbx Eagle Ford #2 $1.75 million Fundraising. Rick D Boneau Submitted Oct 11 SEC form


Oil And Gas Dw Bbx Eagle Ford #2, Lp - Rick D Boneau

Dw Bbx Eagle Ford #2 Financing

Dw Bbx Eagle Ford #2, Lp, Limited Partnership just filed form D about $1.75 million equity financing. This is a new filing. Dw Bbx Eagle Ford #2, Lp is expected to finance itself with $1.75 million in this fundraising offer. The total private offering amount was $1.75 million. The form was filed on 2016-10-11. The reason for the financing was: unspecified. The fundraising still has about $1.75 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Dw Bbx Eagle Ford #2 is based in Texas. The firm’s business is Oil and Gas. The form was submitted by Rick D Boneau COO of DW Energy Group LLC General Partner. The company was incorporated in 2016. The filler’s address is: 104 Decker Ct, Ste 300, Irving, Tx, Texas, 75062. Martin D White is the related person in the form and it has address: 104 Decker Ct, Ste 300, Irving, Tx, Texas, 75062. Link to Dw Bbx Eagle Ford #2 Filing: 000168712116000001.

Analysis of Dw Bbx Eagle Ford #2 Offering

On average, firms in the Oil and Gas sector, sell 13.77% of the total offering amount. Dw Bbx Eagle Ford #2 sold 0.00% of the offering. The fundraising is still open. The average investment floor size for companies in the Oil and Gas industry is $227,000. The offering was 100.00% smaller than the average of $227,000. Of course this should not be taken as negative. Startups raise funds for a variety of reasons and needs. The minimum investment for this fundraising was 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 Dw Bbx Eagle Ford #2 Also

The Form D signed by Rick D Boneau might help Dw Bbx Eagle Ford #2, 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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