Astral Capital RXTP, LLC
Astral Capital RXTP, LLC is a venture capital fund based in Chestnut Hill, Massachusetts. According to its most recent Form D, filed Aug 23, 2016, it has sold $10,748,000 of interests to 30 investors since its first sale in Aug 2016. 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 Astral Capital RXTP Manager, LLC; Jon Karlen; Astral Capital, LLC.
- Total raised
- $10,748,000Cumulative sales reported on Form D
- Investors
- 30
- First sale
- Aug 19, 2016
- 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
- Key people and entities
- Astral Capital RXTP Manager, LLC; Jon Karlen; Astral Capital, LLC
- Latest Form D
- Aug 23, 2016
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 Astral Capital RXTP, LLC
What is the minimum investment for Astral Capital RXTP, LLC?
Astral Capital RXTP, LLC's latest Form D, filed Aug 23, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Astral Capital RXTP, LLC?
Astral Capital RXTP, 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 Astral Capital RXTP, LLC raised?
Astral Capital RXTP, LLC reports $10,748,000 sold from 30 investors on its Form D filed Aug 23, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Astral Capital RXTP, LLC based?
Astral Capital RXTP, LLC is based in Chestnut Hill, Massachusetts.
When did Astral Capital RXTP, LLC launch?
Astral Capital RXTP, LLC reports its first sale in Aug 2016.
Size compared with every venture capital fund
Raised more than 83% of the 529 venture capital funds based in Massachusetts, and more than 88% of all 14,829 that report sales.