Catalyst Energy 2016-1 Financing
Catalyst Energy 2016-1, Lp, Limited Partnership just filed form D announcing $15.00 million equity financing. This is a new filing. Catalyst Energy 2016-1, Lp is expected to fundraise $15.00 million in this fundraising offer. The total private offering amount was $15.00 million. The private financing document was filed on 2016-11-08. The reason for the financing was: Amount may be increased if offering amount increases. Also, 1% due diligence fee is payable.. The fundraising still has about $15.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Catalyst Energy 2016-1 is based in Pennsylvania. The filler’s business is Oil and Gas. The D form was signed by Paul Ryan Rodgers Pres/CEO of Catalyst Energy, Inc., sole shareholder of GP. The company was incorporated in 2016. The filler’s address is: 424 S. 27Th Street, Suite 304, Pittsburgh, Pa, Pennsylvania, 15203. Paul Ryan Rodgers is the related person in the form and it has address: 5809 Northumberland Street, Pittsburgh, Pa, Pennsylvania, 15217. Link to Catalyst Energy 2016-1 Filing: 000168954616000001.
Analysis of Catalyst Energy 2016-1 Offering
On average, companies in the Oil and Gas sector, sell 13.77% of the total offering amount. Catalyst Energy 2016-1 sold 0.00% of the offering. The fundraising is still open. The average offering amount 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 seen as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this financing was set at $50000. 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 Catalyst Energy 2016-1 Also
The Form D signed by Paul Ryan Rodgers might help Catalyst Energy 2016-1, 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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