Form D · Oil and Gas

MDS 2020 - Marcellus Shale Development, LP

Pittsburgh, PA · CIK 0001808585

Offering snapshot reported Mar 25, 2021 · SEC filing

Reported sold
$59.5M
Offering amount: $150M
Investors reported
624
Form D · investor count
Minimum accepted
$8.8K
Reported outside-investor minimum
First sale
Jul 24, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$29.7M$59.5MJul 8, 2020Mar 12, 2021: $59,467,491.00Mar 25, 2021: $59,467,491.00Mar 25, 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.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 25, 2021Amendment$59,467,491$0vs Mar 12, 2021624SEC filing
Mar 12, 2021Amendment$59,467,491No comparison624SEC filing
Jul 8, 2020InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$3.78M
Finders' fees
$0
Form D file number
021-370420
The Offering terminated on December 31, 2020.
Of the sales commission, $502,595 are designated as marketing fees.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Arete Wealth Management, LLC44856
Arkadios Capital282710
Ausdal Financial Partners, Inc.7995
Cambridge Investment Research39543
Center Street Securities26898
Emerson Equity LLC130032
Kalos Capital, Inc.44337
Newbridge Securities Corp,104065
Voya Financial Advisors, Inc.2882
Jeffrey D Lewis1744218Advisory Group Equity Services Ltd · CRD 15427
Alvery A Bartlett Jr13975Aegis Capital Corp. · CRD 15007
Joseph Bench1052104Aegis Capital Corp. · CRD 15007
Matt Neilsen2762423Benchmark Investments, Inc. · CRD 103792
Stephen Austin6380544Benchmark Investments, Inc. · CRD 103792
Andew Cecil3216821Berthel Fisher & Co Financial Services, Inc. · CRD 13609
Jean Ferneau6136562Berthel Fisher & Co Financial Services, Inc. · CRD 13609
Misty L Childs2225214Berthel Fisher & Co Financial Services, Inc. · CRD 13609
William Kendrick Venables864303Berthel Fisher & Co Financial Services, Inc. · CRD 13609
Lawrence Steinberg, Jr.2349876Cabin Securities, Inc. · CRD 137608
Jeff Vollmer370544Cabot Lodge Securites LLC · CRD 159712
Brian Parker4280596Cabot Lodge Securites LLC · CRD 159712
Jim Lund713921Cabot Lodge Securites LLC · CRD 159712
Mark Wiacek2135299Cabot Lodge Securites LLC · CRD 159712
Frank B Chauner735725Chauner Securities, Inc. · CRD 10075
W Allen Costellow2169678Client One Securities LLC · CRD 152974
Bobby Kyle Cowand2317710Coastal Equities, Inc. · CRD 23769
Kyle Cowand2317710Coastal Equities, Inc. · CRD 23769
Michael A Mueller2982867Coastal Equities, Inc. · CRD 23769
Joseph Kantakevich5624294DAI Securities, LLC · CRD 36673
James R McCurry, Sr6705995Dempsey Lord Smith, LLC · CRD 141238
Bryan A Repple3200280G.A. Repple & Company · CRD 17486
Shana Burt4006676G.A. Repple & Company · CRD 17486
Brad Whalen2582276Green Vista Capital, LLC · CRD 293630
Robert Moskwa5325293IBN Financial Services Inc · CRD 42360
Jeff Dunseath5882033IBN Financial Services Inc · CRD 42360
Todd Rhine2384366IBN Financial Services Inc · CRD 42360
Randall A Heller1209975KCD Financial, Inc. · CRD 127473
Morris Nutt2891940Kingswood Capital Partners, LLC · CRD 308173
Jason Lowther2606268Western International Securities · CRD 39262

Source: Form D, filed Mar 25, 2021. 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.

People and organizations reported in Form D filings
NameReported role
Zachary Avi Executive
Michael S. Knapp Executive
Mds Energy Development, Llc Director, Executive, Promoter
Randall L. Morris, Jr. Executive
Richard Saadeh Executive
Michael D. Snyder Executive, Promoter
Woody Soemantoro Executive

Issuer details

Industry: Oil and Gas (See others in industry)

Address:
603 Stanwix Street Suite 1750
Pittsburgh, PA, 15222