Form D · Other Investment Fund

Choice Energy Holdings - III, LLC

Wilmington, DE · CIK 0001752927

Offering snapshot reported Feb 8, 2021 · SEC filing

Reported sold
$65.2M
Offering amount: $75M
Investors reported
650
Form D · investor count
Minimum accepted
$10K
Reported outside-investor minimum
First sale
Aug 30, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$32.6M$65.2MSep 13, 2018: $1,622,000.00Sep 13, 2018Feb 26, 2019: $4,866,123.00Feb 26, 2019Feb 18, 2020: $54,510,882.00Feb 18, 2020Feb 8, 2021: $65,219,425.00Feb 8, 2021

Dates 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$54,510,882 → $65,219,425
  • Reported investors676 → 650

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 8, 2021Amendment$65,219,425$10,708,543vs Feb 18, 2020650SEC filing
Feb 18, 2020Amendment$54,510,882$49,644,759vs Feb 26, 2019676SEC filing
Feb 26, 2019Amendment$4,866,123$3,244,123vs Sep 13, 201875SEC filing
Sep 13, 2018Initial$1,622,000No comparison22SEC filing

Offering details

Securities
Debt
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$4.5M (estimated)
Finders' fees
$4.5M (estimated)
Form D file number
021-321296
The aggregate amount of commissions, expense reimbursements, and other fees is not anticipated to exceed 12.0%. Where paid - the sponsor pays the commissions, not the investors.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Growth Capital Services, Inc.124658

Source: Form D, filed Feb 8, 2021. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

CHOICE ENERGY HOLDINGS III LLC

Investment adviser: RESOLUTE CAPITAL ADVISORS

Gross asset value
$75M
Beneficial owners
1
ADV minimum commitment
$10K

Reported in Form ADV on Mar 10, 2021. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NES FINANCIAL WASHINGTON, District of Columbia, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No
Filing source

Form ADV 1497125 · Mar 10, 2021 · Schedule D 7.B.(1), fund 805-3755332039

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

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.

People and organizations reported in Form D filings
NameReported role
Pablo Cortez Executive
Teddy Etheredge Executive
Thomas Joseph Powell Executive
Llc Resolute Management Services Executive
Stefan Toth Executive

Issuer details

Industry: Oil and Gas (See others in industry)

Address:
1209 Orange Street
Wilmington, DE, 19801