1401 Equity LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Oct 29, 2021, it has sold $9,000,000 of interests to 70 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Shippy.
- Total raised
- $9,000,000Cumulative sales reported on Form D
- Investors
- 70
- First sale
- Oct 28, 2021
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Shippy
- Latest Form D
- Oct 29, 2021
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 1401 Equity LLC
What is the minimum investment for 1401 Equity LLC?
According to its latest Form D, filed Oct 29, 2021, the minimum investment 1401 Equity LLC accepts from an outside investor is $25,000.
Who can invest in 1401 Equity LLC?
1401 Equity LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has 1401 Equity LLC raised?
1401 Equity LLC reports $9,000,000 sold from 70 investors on its Form D filed Oct 29, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is 1401 Equity LLC based?
1401 Equity LLC is based in Austin, Texas.
When did 1401 Equity LLC launch?
1401 Equity LLC reports its first sale in Oct 2021.
Size compared with every real estate fund
Raised more than 85% of the 1,421 real estate funds based in Texas, and more than 76% of all 7,337 that report sales.