Permian Holdco 1 Financing
Permian Holdco 1, Inc., Corporation just had published form D regarding $178.25 million equity financing. This is a new filing. Permian Holdco 1 was able to fundraise $178.25 million. That is 100.00% of the offering. The total financing amount was $178.25 million. The fundraising form was filed on 2016-11-09. The reason for the financing was: unspecified.
Permian Holdco 1 is based in Texas. The filler’s business is Oil and Gas. The SEC form was submitted by Howard Seely President, Chief Executive Officer and Secretary. The company was incorporated in 2016. The filler’s address is: 17101 Preston Road, Suite 230, Dallas, Tx, Texas, 75248. Howard Seely is the related person in the form and it has address: 17101 Preston Road, Suite 230, Dallas, Tx, Texas, 75248. Link to Permian Holdco 1 Filing: 000168940416000001.
Analysis of Permian Holdco 1 Offering
On average, companies in the Oil and Gas sector, sell 13.77% of the total offering size. Permian Holdco 1 sold 100.00% of the offering. Could this mean that the trust in Permian Holdco 1 is high? The average financing size for companies in the Oil and Gas industry is $227,000. The total amount raised is 78,424.23% bigger than the average for companies in the Oil and Gas sector. The minimum investment for this financing is set at $1. 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 Permian Holdco 1 Also
The Form D signed by Howard Seely might help Permian Holdco 1, Inc.’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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