126 Poseidon LLC is a real estate fund based in Seoul, Korea, Republic of. According to its most recent Form D, filed Dec 1, 2020, it has sold $125,000 of interests to 125 investors since its first sale in Nov 2020. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jun Hyun Shin; Jean-Seok Oh; NongHyup Bank.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Nov 20, 2020
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jun Hyun Shin; Jean-Seok Oh; NongHyup Bank
- Latest Form D
- Dec 1, 2020
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 126 Poseidon LLC
What is the minimum investment for 126 Poseidon LLC?
According to its latest Form D, filed Dec 1, 2020, the minimum investment 126 Poseidon LLC accepts from an outside investor is $1,000.
Who can invest in 126 Poseidon LLC?
126 Poseidon LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has 126 Poseidon LLC raised?
126 Poseidon LLC reports $125,000 sold from 125 investors on its Form D filed Dec 1, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is 126 Poseidon LLC based?
126 Poseidon LLC is based in Seoul, Korea, Republic of.
When did 126 Poseidon LLC launch?
126 Poseidon LLC reports its first sale in Nov 2020.
Size compared with every real estate fund
Raised more than 33% of the 3 real estate funds based in Korea, Republic of, and more than 8% of all 7,311 that report sales.