993 Summit Second Funding LLC
993 Summit Second Funding LLC is a private investment fund based in Woodmere, New York. According to its most recent Form D, filed Feb 27, 2018, it has sold $250,000 of interests to 2 investors since its first sale in Feb 2018. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Isaac Fried; David Samuels.
- Total raised
- $250,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Feb 7, 2018
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Isaac Fried; David Samuels
- Latest Form D
- Feb 27, 2018
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 993 Summit Second Funding LLC
What is the minimum investment for 993 Summit Second Funding LLC?
993 Summit Second Funding LLC's latest Form D, filed Feb 27, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 993 Summit Second Funding LLC?
993 Summit Second Funding LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 993 Summit Second Funding LLC raised?
993 Summit Second Funding LLC reports $250,000 sold from 2 investors on its Form D filed Feb 27, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is 993 Summit Second Funding LLC based?
993 Summit Second Funding LLC is based in Woodmere, New York.
When did 993 Summit Second Funding LLC launch?
993 Summit Second Funding LLC reports its first sale in Feb 2018.
Size compared with every private investment fund
Raised more than 25% of the 2,834 private investment funds based in New York, and more than 5% of all 10,287 that report sales.