Clay 302, LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Aug 20, 2014, it has sold $425,000 of interests to 4 investors since its first sale in May 2014. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Justin Day.
- Total raised
- $425,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- May 27, 2014
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Justin Day
- Latest Form D
- Aug 20, 2014
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 Clay 302, LLC
What is the minimum investment for Clay 302, LLC?
Clay 302, LLC's latest Form D, filed Aug 20, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Clay 302, LLC?
Clay 302, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Clay 302, LLC raised?
Clay 302, LLC reports $425,000 sold from 4 investors on its Form D filed Aug 20, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Clay 302, LLC based?
Clay 302, LLC is based in Austin, Texas.
When did Clay 302, LLC launch?
Clay 302, LLC reports its first sale in May 2014.
Size compared with every real estate fund
Raised more than 42% of the 1,419 real estate funds based in Texas, and more than 23% of all 7,349 that report sales.