O’benco IV Financing
O’benco Iv, Lp, Limited Partnership just filed form D about $25.00 million equity financing. This is a new filing. O’benco IV was able to finance itself with $25.00 million. That is 100.00% of the fundraising. The total fundraising amount was $25.00 million. This form was filed on 2016-10-31. The reason for the financing was: unspecified.
O’benco IV is based in Louisiana. The company’s business is Oil and Gas. The form D was filed by Gary H Love Executive Vice President – General Counsel. The company was incorporated in 2013. The filler’s address is: 425 Ashley Ridge Blvd., Suite 300, Shreveport, La, Louisiana, 71106. O’benco Iv Gp, Llc is the related person in the form and it has address: 425 Ashley Ridge Blvd., Suite 300, Shreveport, La, Louisiana, 71106. Link to O’benco IV Filing: 000110465916153399.
Analysis of O’benco IV Offering
On average, firms in the Oil and Gas sector, sell 13.77% of the total offering amount. O’benco IV sold 100.00% of the offering. Could this mean that the trust in O’benco IV is high? The average investment offering size for companies in the Oil and Gas industry is $227,000. The total amount raised is 10,913.22% bigger than the average for companies in the Oil and Gas sector. The minimum investment for this financing was set at $1118. 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 O’benco IV Also
The Form D signed by Gary H Love might help O’benco Iv, 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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