Birch Permian Holdings $775.00 million Financing. Julien Smythe Submitted Apr 16 Form D

April 16, 2018 - By Kristen Paramore

Birch Permian Holdings Financing

Birch Permian Holdings, Inc., Corporation just had published form D for $775.00 million equity financing. This is a new filing. Birch Permian Holdings was able to finance itself with $775.00 million. That is 100.00 % of the financing offer. The total private financing amount was $775.00 million. The form was filed on 2018-04-16. The reason for the financing was: unspecified.

Birch Permian Holdings is based in Texas. The company’s business is Oil and Gas. The form was submitted by Julien Smythe Vice President – Finance and Secretary. The company was incorporated in 2018. The filler’s address is: 909 Fannin Street, Suite 1350, Houston, Tx, Texas, 77010. Andrew Taylor is the related person in the form and it has address: 909 Fannin Street, Suite 1350, Houston, Tx, Texas, 77010. Link to Birch Permian Holdings Filing: 000114036118018620.

Analysis of Birch Permian Holdings Offering

On average, firms in the Oil and Gas sector, sell 13.77 % of the total offering size. Birch Permian Holdings sold 100.00 % of the offering. Could this mean that the trust in Birch Permian Holdings is high? The average offering amount for companies in the Oil and Gas industry is $227,000. The total amount raised is 341,309.69 % bigger than the average for companies in the Oil and Gas sector. The minimum investment for this fundraising 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 Birch Permian Holdings Also

The Form D signed by Julien Smythe might help Birch Permian Holdings, 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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