Form D · Other Banking and Financial Services
BP Commercial Funding Trust, Series SPL-XI
New York, NY · CIK 0001943721
Offering snapshot reported Dec 12, 2025 · SEC filing
- Reported sold
- $198M Indefinite offering
- Investors reported
- 26 Form D · investor count
- Minimum accepted
- $200K Reported outside-investor minimum
- First sale
- Feb 8, 2022 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$112,454,866 → $198,425,485
- Reported investors24 → 26
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 12, 2025 | Amendment | $198,425,485 | $85,970,619vs Dec 12, 2024 | 26 | SEC filing |
| Dec 12, 2024 | Amendment | $112,454,866 | $51,539,123vs Dec 12, 2023 | 24 | SEC filing |
| Dec 12, 2023 | Amendment | $60,915,743 | $15,115,743vs Dec 12, 2022 | 18 | SEC filing |
| Dec 12, 2022 | Initial | $45,800,000 | No comparison | 16 | 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
- 021-467193
LOAN PARTICIPATION
Source: Form D, filed Dec 12, 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