Alpha Ascent Spring LLC
Alpha Ascent Spring LLC is a venture capital fund based in Philadelphia. According to its most recent Form D, filed Jul 23, 2021, it has sold $3,475,000 of interests to 24 investors since its first sale in Jul 2021. The filing does not set a minimum investment. 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 Andrew Kleeger; Alpha Ascent Ventures LLC; Alpha Ascent Spring Manager LLC.
- Total raised
- $3,475,000Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Jul 8, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Andrew Kleeger; Alpha Ascent Ventures LLC; Alpha Ascent Spring Manager LLC
- Latest Form D
- Jul 23, 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 Alpha Ascent Spring LLC
What is the minimum investment for Alpha Ascent Spring LLC?
Alpha Ascent Spring LLC's latest Form D, filed Jul 23, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Alpha Ascent Spring LLC?
Alpha Ascent Spring 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 Alpha Ascent Spring LLC raised?
Alpha Ascent Spring LLC reports $3,475,000 sold from 24 investors on its Form D filed Jul 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Alpha Ascent Spring LLC based?
Alpha Ascent Spring LLC is based in Philadelphia.
When did Alpha Ascent Spring LLC launch?
Alpha Ascent Spring LLC reports its first sale in Jul 2021.