Ascent Resources Financing
Ascent Resources, Llc, Limited Liability Company just released form D because of $2.04 million equity financing. This is a new filing. Ascent Resources was able to sell $2.04 million. That is 100.00% of the round of financing. The total private offering amount was $2.04 million. The form was filed on 2016-11-17. The reason for the financing was: unspecified.
Ascent Resources is based in Oklahoma. The filler’s business is Oil and Gas. The form D was filed by Jeffrey A Fisher Chief Executive Officer. The company was incorporated in 2014. The filler’s address is: 3501 N.W. 63Rd Street, Oklahoma City, Ok, Oklahoma, 73116. Jeffrey A Fisher is the related person in the form and it has address: 3501 Nw 63Rd Street, Oklahoma City, Ok, Oklahoma, 73116. Link to Ascent Resources Filing: 000164681516000004.
Analysis of Ascent Resources Offering
On average, startups in the Oil and Gas sector, sell 13.77% of the total offering amount. Ascent Resources sold 100.00% of the offering. Could this mean that the trust in Ascent Resources is high? The average investment floor size for companies in the Oil and Gas industry is $227,000. The total amount raised is 798.05% bigger than the average for companies in the Oil and Gas sector. The minimum investment for this financing is set at $0. 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 Ascent Resources Also
The Form D signed by Jeffrey A Fisher might help Ascent Resources, 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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