SEC Form D Coverage: Navitas Midstream Partners $332.55 million Fundraising. R Bruce Northcutt Released Nov 30 SEC Filing

Oil And Gas Navitas Midstream Partners, Llc - R Bruce Northcutt

Navitas Midstream Partners Financing

Navitas Midstream Partners, Llc, Limited Liability Company just released form D about $332.55 million equity financing. This is a new filing. Navitas Midstream Partners was able to fundraise $332.55 million. That is 100.00% of the financing offer. The total financing amount was $332.55 million. The form was filed on 2016-11-30. The reason for the financing was: unspecified.

Navitas Midstream Partners is based in Texas. The filler’s business is Oil and Gas. The SEC form was signed by R Bruce Northcutt Chief Executive Officer. The company was incorporated in 2013. The filler’s address is: 9303 New Trails Drive, Suite 400, The Woodlands, Tx, Texas, 77381. Ronald Bruce Northcutt is the related person in the form and it has address: 9303 New Trails Drive, Suite 400, The Woodlands, Tx, Texas, 77381. Link to Navitas Midstream Partners Filing: 000114036116088173.

Analysis of Navitas Midstream Partners Offering

On average, firms in the Oil and Gas sector, sell 13.77% of the total offering size. Navitas Midstream Partners sold 100.00% of the offering. Could this mean that the trust in Navitas Midstream Partners is high? The average investment floor size for companies in the Oil and Gas industry is $227,000. The total amount raised is 146,397.80% bigger than the average for companies in the Oil and Gas sector. The minimum investment for this financing was 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 Navitas Midstream Partners Also

The Form D signed by R Bruce Northcutt might help Navitas Midstream Partners, 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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