Dalgona LLC is a venture capital fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Apr 22, 2022, it has sold $2,140,000 of interests to 9 investors since its first sale in Apr 2022. 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 Chungmoon Choi.
- Total raised
- $2,140,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Apr 11, 2022
- 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
- Chungmoon Choi
- Latest Form D
- Apr 22, 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 Dalgona LLC
What is the minimum investment for Dalgona LLC?
Dalgona LLC's latest Form D, filed Apr 22, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Dalgona LLC?
Dalgona 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 Dalgona LLC raised?
Dalgona LLC reports $2,140,000 sold from 9 investors on its Form D filed Apr 22, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Dalgona LLC based?
Dalgona LLC is based in San Juan, Puerto Rico.
When did Dalgona LLC launch?
Dalgona LLC reports its first sale in Apr 2022.
Size compared with every venture capital fund
Raised more than 38% of the 24 venture capital funds based in Puerto Rico, and more than 72% of all 14,732 that report sales.