Crsnxt, LLC
Crsnxt, LLC is a venture capital fund based in West Lake Hills, Texas. According to its most recent Form D, filed Jan 10, 2022, it has sold $6,000,000 of interests to 16 investors since its first sale in Dec 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include CRSNXT Management, LLC; Michael Cheung.
- Total raised
- $6,000,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Dec 27, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- CRSNXT Management, LLC; Michael Cheung
- Latest Form D
- Jan 10, 2022
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 Crsnxt, LLC
What is the minimum investment for Crsnxt, LLC?
Crsnxt, LLC's latest Form D, filed Jan 10, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Crsnxt, LLC?
Crsnxt, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Crsnxt, LLC raised?
Crsnxt, LLC reports $6,000,000 sold from 16 investors on its Form D filed Jan 10, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Crsnxt, LLC based?
Crsnxt, LLC is based in West Lake Hills, Texas.
When did Crsnxt, LLC launch?
Crsnxt, LLC reports its first sale in Dec 2021.
Size compared with every venture capital fund
Raised more than 76% of the 487 venture capital funds based in Texas, and more than 84% of all 14,820 that report sales.