Form D · Other Banking and Financial Services
BP Commercial Funding Trust III, Series SPL-III
New York, NY · CIK 0001999231
Offering snapshot reported Dec 5, 2025 · SEC filing
- Reported sold
- $199M Indefinite offering
- Investors reported
- 19 Form D · investor count
- Minimum accepted
- $150K Reported outside-investor minimum
- First sale
- Nov 30, 2023 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$152,693,753 → $198,607,820
- Reported investors18 → 19
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 5, 2025 | Amendment | $198,607,820 | $45,914,067vs Dec 5, 2024 | 19 | SEC filing |
| Dec 5, 2024 | Amendment | $152,693,753 | $2,391,258vs Dec 6, 2023 | 18 | SEC filing |
| Dec 6, 2023 | Amendment | $150,302,495 | No comparison | 15 | SEC filing |
| Nov 27, 2023 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Other
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-498133
LOAN PARTICIPATION
Source: Form D, filed Dec 5, 2025. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Michael Petronio | Executive |
Issuer details
Industry: Other Banking and Financial Services (See others in industry)
Address:New York, NY, 10019