Woodford Horizontal Project #10 Financing
Woodford Horizontal Project #10, Llc, Limited Liability Company just filed form D because of $450,000 equity financing. This is a new filing. Woodford Horizontal Project #10 was able to finance itself with $450,000. That is 100.00% of the round of financing. The total private offering amount was $450,000. This form was filed on 2016-07-12. The reason for the financing was: unspecified.
Woodford Horizontal Project #10 is based in Alabama. The filler’s business is Oil and Gas. The form was signed by Chris Wise Manager and Member of the Manager. The company was incorporated in 2016. The filler’s address is: 13140 Coit Road, Suite 510, Dallas, Tx, Texas, 75240. Chris Wise is the related person in the form and it has address: 13140 Coit Road, Suite 510, Dallas, Tx, Texas, 75240. Link to Woodford Horizontal Project #10 Filing: 000167752416000001.
Analysis of Woodford Horizontal Project #10 Offering
On average, firms in the Oil and Gas sector, sell 13.77% of the total offering amount. Woodford Horizontal Project #10 sold 100.00% of the offering. Could this mean that the trust in Woodford Horizontal Project #10 is high? The average investment offering size for companies in the Oil and Gas industry is $227,000. The total amount raised is 98.24% bigger than the average for companies in the Oil and Gas sector. The minimum investment for this fundraising is set at $18750. 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 Woodford Horizontal Project #10 Also
The Form D signed by Chris Wise might help Woodford Horizontal Project #10, Llc’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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