Warren Oil Management Co. Raises $2.3 Million

3/31/17

By Lauren Hong, NC BIZ News

A Dunn-based lubricants manufacturer management company raised $2.3 million from 10 investors, according to a filing with the Securities and Exchange Commission.

Warren Oil Management Co. filed the Form D on March 29, 2017. The first sale occurred March 16, and the company did not disclose what it intended to do with the proceeds.

Warren Oil Co. is a lubricants manufacturer with packing facilities in North Carolina, Alabama, Texas, Philadelphia, Illinois and Arkansas. Its products are distributed in all 50 states and exported to 48 countries.

The Form D can be found here.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell securities.

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