Today’s Form D On Watch: Ponderosa Gy Joint Venture $712500 Fundraising. William Kincaid Submitted Nov 22 form

Oil And Gas Ponderosa Gy Joint Venture - William Kincaid

Ponderosa Gy Joint Venture Financing

Ponderosa Gy Joint Venture, just had published form D announcing $712,500 equity financing. This is a new filing. Ponderosa Gy Joint Venture is expected to fundraise $712,500 in this offering. The total private financing amount was $712,500. The fundraising form was filed on 2016-11-22. The reason for the financing was: Includes amount sold to Joint Venture Manager. The fundraising still has about $712,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Ponderosa Gy Joint Venture is based in Alabama. The company’s business is Oil and Gas. The form D was signed by William Kincaid President of Joint Venture Manager. The company was incorporated in 2016. The filler’s address is: 13140 Coit Road, Dallas, Tx, Texas, 75240. William Kincaid is the related person in the form and it has address: 13140 Coit Road, 500, Dallas, Tx, Texas, 75240. Link to Ponderosa Gy Joint Venture Filing: 000165495416004302.

Analysis of Ponderosa Gy Joint Venture Offering

On average, companies in the Oil and Gas sector, sell 13.77% of the total offering size. Ponderosa Gy Joint Venture sold 0.00% of the offering. The financing is still open. The average investment floor size 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. Startups get financed for different needs and reasons. The minimum investment for this fundraising is set at $0. If you know more about the reasons for the fundraising, 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 Ponderosa Gy Joint Venture Also

The Form D signed by William Kincaid might help Ponderosa Gy Joint Venture’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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