Cobbleit, LLC is a private investment fund based in Latham. According to its most recent Form D, filed Oct 14, 2020, it has sold $1,485,000 of interests to 30 investors since its first sale in Oct 2020. The minimum investment it accepts from an outside investor is $10,000. 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 Timothy Stuto; Craig Shamlian; Patrick Maney.
- Total raised
- $1,485,000Cumulative sales reported on Form D
- Investors
- 30
- First sale
- Oct 9, 2020
- Minimum investment
- $10,000
- 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
- Timothy Stuto; Craig Shamlian; Patrick Maney
- Latest Form D
- Oct 14, 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 Cobbleit, LLC
What is the minimum investment for Cobbleit, LLC?
According to its latest Form D, filed Oct 14, 2020, the minimum investment Cobbleit, LLC accepts from an outside investor is $10,000.
Who can invest in Cobbleit, LLC?
Cobbleit, 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 Cobbleit, LLC raised?
Cobbleit, LLC reports $1,485,000 sold from 30 investors on its Form D filed Oct 14, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Cobbleit, LLC based?
Cobbleit, LLC is based in Latham.
When did Cobbleit, LLC launch?
Cobbleit, LLC reports its first sale in Oct 2020.