Crspin, LLC
Crspin, LLC is a venture capital fund based in West Lake Hills. According to its most recent Form D, filed Dec 27, 2021, it has sold $8,000,000 of interests to 27 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 Michael Cheung; CRSPIN Management, LLC.
- Total raised
- $8,000,000Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Dec 10, 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
- Michael Cheung; CRSPIN Management, LLC
- Latest Form D
- Dec 27, 2021
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 Crspin, LLC
What is the minimum investment for Crspin, LLC?
Crspin, LLC's latest Form D, filed Dec 27, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Crspin, LLC?
Crspin, 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 Crspin, LLC raised?
Crspin, LLC reports $8,000,000 sold from 27 investors on its Form D filed Dec 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Crspin, LLC based?
Crspin, LLC is based in West Lake Hills.
When did Crspin, LLC launch?
Crspin, LLC reports its first sale in Dec 2021.