AltMountain

2003 Equity LLC

Austin, TX · CIK 1883040
Status: no Form D since Sep 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

2003 Equity LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Sep 15, 2021, it has sold $3,425,000 of interests to 25 investors since its first sale in Sep 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 Grant Shippy; David Shippy.

Total raised
$3,425,000Cumulative sales reported on Form D
Investors
25
First sale
Sep 9, 2021
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Grant Shippy; David Shippy
Latest Form D
Sep 15, 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 2003 Equity LLC

What is the minimum investment for 2003 Equity LLC?

According to its latest Form D, filed Sep 15, 2021, the minimum investment 2003 Equity LLC accepts from an outside investor is $25,000.

Who can invest in 2003 Equity LLC?

2003 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 2003 Equity LLC raised?

2003 Equity LLC reports $3,425,000 sold from 25 investors on its Form D filed Sep 15, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is 2003 Equity LLC based?

2003 Equity LLC is based in Austin, Texas.

When did 2003 Equity LLC launch?

2003 Equity LLC reports its first sale in Sep 2021.

Size compared with every real estate fund

Raised more than 69% of the 1,422 real estate funds based in Texas, and more than 57% of all 7,337 that report sales.

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