Caerus NC III, LLC
Caerus NC III, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Mar 20, 2019, it has sold $2,200,000 of interests to 13 investors since its first sale in Mar 2019. 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 Caerus NC III Management, LLC; Michael Cheung.
- Total raised
- $2,200,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Mar 6, 2019
- 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
- Caerus NC III Management, LLC; Michael Cheung
- Latest Form D
- Mar 20, 2019
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 Caerus NC III, LLC
What is the minimum investment for Caerus NC III, LLC?
Caerus NC III, LLC's latest Form D, filed Mar 20, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Caerus NC III, LLC?
Caerus NC III, 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 Caerus NC III, LLC raised?
Caerus NC III, LLC reports $2,200,000 sold from 13 investors on its Form D filed Mar 20, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Caerus NC III, LLC based?
Caerus NC III, LLC is based in San Francisco, California.
When did Caerus NC III, LLC launch?
Caerus NC III, LLC reports its first sale in Mar 2019.
Size compared with every venture capital fund
Raised more than 58% of the 2,224 venture capital funds based in California, and more than 72% of all 14,840 that report sales.