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OKMN Form D: $30K Sold of $50K Oil & Gas Private Offering

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
D

Rhea-AI Filing Summary

OKMIN RESOURCES, INC. submitted a Form D for a Regulation D exempt offering under Rule 506(b). The company, a Nevada corporation formed in 2020, identifies its principal place of business in Encino, California, and classifies its industry as Oil & Gas. The offering target is $50,000 total, of which $30,000 has been sold and $20,000 remains available. The minimum investment per outside investor is $10,000. One investor has already invested. The issuer reports No Revenues and No Aggregate Net Asset Value. No sales commissions or finders' fees are reported, and no proceeds are designated for named executives, directors, or promoters. The Form D was signed by Jonathan Herzog, President and CEO.

Positive

  • Offering progress: $30,000 of the $50,000 target has already been sold
  • No sales commissions or finders' fees: indicates direct placement without intermediaries
  • No proceeds paid to insiders: the filing reports $0 used for payments to executives, directors, or promoters

Negative

  • Issuer reports no revenues and no aggregate net asset value, indicating limited operating scale
  • Very small offering size ($50,000) and only one investor, suggesting limited external validation or capital commitment

Insights

TL;DR: Small private capital raise under Rule 506(b) with limited proceeds and a single investor; minimal immediate market impact.

The filing documents a Regulation D offering capped at $50,000, of which $30,000 is already sold. The structure (Rule 506(b)) permits up to 35 non-accredited investors but offers broad accredited-investor protections; here only one investor has participated. Reported company size shows No Revenues and No Aggregate Net Asset Value, indicating an early-stage or dormant issuer. The lack of sales commissions and zero payments to insiders suggests a direct raise without intermediaries. From a capital-structure perspective, this is a small dilutive event in absolute terms, unlikely to materially affect valuation absent further financing.

TL;DR: Disclosure is standard and complete for a small exempt offering; governance implications are minimal based on provided facts.

The Form D identifies two related persons: Jonathan Herzog (President and CEO; also an executive officer and director) and Shmuel Naparstek (director). The issuer reports no payments to named insiders from offering proceeds. The minimum investment of $10,000 and absence of intermediaries suggest direct solicitation. Given the issuer reports no revenues or assets, board oversight and future capital strategy will be important, but the filing itself contains no governance red flags or departures from standard Form D practice.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001848334
X Corporation
Limited Partnership
Limited Liability Company
General Partnership
Business Trust
Other (Specify)

Name of Issuer
OKMIN RESOURCES, INC.
Jurisdiction of Incorporation/Organization
NEVADA
Year of Incorporation/Organization
Over Five Years Ago
X Within Last Five Years (Specify Year) 2020
Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
OKMIN RESOURCES, INC.
Street Address 1 Street Address 2
16501 VENTURA BLVD. SUITE 400
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
ENCINO CALIFORNIA 91436 818-201-3727

3. Related Persons

Last Name First Name Middle Name
Herzog Jonathan
Street Address 1 Street Address 2
16501 Ventura Boulevard Suite 400
City State/Province/Country ZIP/PostalCode
Encino CALIFORNIA 91436
Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Naparstek Shmuel
Street Address 1 Street Address 2
1633 S. Crest Drive
City State/Province/Country ZIP/PostalCode
Los Angeles CALIFORNIA 90035
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


4. Industry Group

Agriculture
Banking & Financial Services
Commercial Banking
Insurance
Investing
Investment Banking
Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
Yes No
Other Banking & Financial Services
Business Services
Energy
Coal Mining
Electric Utilities
Energy Conservation
Environmental Services
X Oil & Gas
Other Energy
Health Care
Biotechnology
Health Insurance
Hospitals & Physicians
Pharmaceuticals
Other Health Care
Manufacturing
Real Estate
Commercial
Construction
REITS & Finance
Residential
Other Real Estate
Retailing
Restaurants
Technology
Computers
Telecommunications
Other Technology
Travel
Airlines & Airports
Lodging & Conventions
Tourism & Travel Services
Other Travel
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
No Revenues No Aggregate Net Asset Value
X $1 - $1,000,000 $1 - $5,000,000
$1,000,001 - $5,000,000 $5,000,001 - $25,000,000
$5,000,001 - $25,000,000 $25,000,001 - $50,000,000
$25,000,001 - $100,000,000 $50,000,001 - $100,000,000
Over $100,000,000 Over $100,000,000
Decline to Disclose Decline to Disclose
Not Applicable Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

Rule 504(b)(1) (not (i), (ii) or (iii))
Rule 504 (b)(1)(i)
Rule 504 (b)(1)(ii)
Rule 504 (b)(1)(iii)
X Rule 506(b)
Rule 506(c)
Securities Act Section 4(a)(5)
Investment Company Act Section 3(c)
Section 3(c)(1) Section 3(c)(9)
Section 3(c)(2) Section 3(c)(10)
Section 3(c)(3) Section 3(c)(11)
Section 3(c)(4) Section 3(c)(12)
Section 3(c)(5) Section 3(c)(13)
Section 3(c)(6) Section 3(c)(14)
Section 3(c)(7)

7. Type of Filing

X New Notice Date of First Sale 2025-09-09 First Sale Yet to Occur
Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity Pooled Investment Fund Interests
Debt Tenant-in-Common Securities
Option, Warrant or Other Right to Acquire Another Security Mineral Property Securities
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $10,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number X None
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
Street Address 1 Street Address 2
City State/Province/Country ZIP/Postal Code
State(s) of Solicitation (select all that apply)
Check "All States" or check individual States
All States
Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount $50,000 USD
or Indefinite
Total Amount Sold $30,000 USD
Total Remaining to be Sold $20,000 USD
or Indefinite

Clarification of Response (if Necessary):

14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
1

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $0 USD
Estimate
Finders' Fees $0 USD
Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0 USD
Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
OKMIN RESOURCES, INC. Jonathan Herzog Jonathan Herzog President and CEO 2025-09-22

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.


FAQ

What exemption is OKMIN RESOURCES, INC. using for the offering (OKMN)?

The company is claiming an exemption under Rule 506(b) of Regulation D.

How much is the total offering and how much has been sold?

The total offering amount is $50,000; $30,000 has been sold and $20,000 remains to be sold.

What is the minimum investment for this offering?

The minimum investment accepted from any outside investor is $10,000 (USD).

How many investors have participated so far and are there commissions?

The filing reports 1 investor to date and $0 in sales commissions or finders' fees.

Does the issuer report revenues or net assets?

The issuer indicates No Revenues and No Aggregate Net Asset Value.

Who signed the Form D for OKMIN RESOURCES, INC.?

The Form D was signed by Jonathan Herzog, President and CEO, on the signature date provided in the filing.
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