SEC Form D Coverage: Betz Texican Courts $2.70 million Fundraising. Ronald E Dagley Filed Nov 2 Form D

Construction Betz Texican Courts, Ltd. - Ronald E Dagley

Betz Texican Courts Financing

Betz Texican Courts, Ltd., Limited Partnership just released form D about $2.70 million equity financing. This is a new filing. Betz Texican Courts was able to fundraise $200,000 so far. That is 7.41% of the fundraising. The total private offering amount was $2.70 million. The financing form was filed on 2016-11-02. The reason for the financing was: Raymond R. Betz or an affiliate of the general partner of Issuer to receive legal and due diligence fees and expenses, and organizational and administrative fees and expenses.. The fundraising still has about $2.50 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Betz Texican Courts is based in Alabama. The company’s business is Construction. The form was submitted by Ronald E Dagley Vice President and Secretary of Betz Texican GP, LLC. The company was incorporated in 2016. The filler’s address is: 11767 Katy Freeway, Suite 1100, Houston, Tx, Texas, 77079. Betz Texican Gp, Llc Betz Texican Gp, Llc is the related person in the form and it has address: 11767 Katy Freeway, Suite 1100, Houston, Tx, Texas, 77079. Link to Betz Texican Courts Filing: 000168915416000001.

Analysis of Betz Texican Courts Offering

On average, companies in the Construction sector, sell 42.80% of the total offering amount. Betz Texican Courts sold 7.41% of the offering. The financing is still open. The average offering amount for companies in the Construction industry is $547,000. The offering was 63.44% smaller than the average of $547,000. Of course this should not be taken as negative. Businesses get financed for different reasons and needs. The minimum investment for this offering is set at $100000. 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 Betz Texican Courts Also

The Form D signed by Ronald E Dagley might help Betz Texican Courts, Ltd.’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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