Backstage Crowd Akash LLC is a private investment fund based in Salt Lake City, Utah. According to its most recent Form D, filed Aug 17, 2020, it has sold $520,202 of interests to 98 investors since its first sale in Aug 2020. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jeremy Neilson; LLC Assure Fund Management II; Richard Thoms.
- Total raised
- $520,202Cumulative sales reported on Form D
- Investors
- 98
- First sale
- Aug 12, 2020
- Minimum investment
- $1,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jeremy Neilson; LLC Assure Fund Management II; Richard Thoms
- Latest Form D
- Aug 17, 2020
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 Backstage Crowd Akash LLC
What is the minimum investment for Backstage Crowd Akash LLC?
According to its latest Form D, filed Aug 17, 2020, the minimum investment Backstage Crowd Akash LLC accepts from an outside investor is $1,000.
Who can invest in Backstage Crowd Akash LLC?
Backstage Crowd Akash 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Backstage Crowd Akash LLC raised?
Backstage Crowd Akash LLC reports $520,202 sold from 98 investors on its Form D filed Aug 17, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Backstage Crowd Akash LLC based?
Backstage Crowd Akash LLC is based in Salt Lake City, Utah.
When did Backstage Crowd Akash LLC launch?
Backstage Crowd Akash LLC reports its first sale in Aug 2020.
Size compared with every private investment fund
Raised more than 40% of the 197 private investment funds based in Utah, and more than 9% of all 10,270 that report sales.