AltMountain

Disruptive Technology Solutions XVI, LLC

Los Angeles, CA · CIK 1786864 · Sponsor: DTA II LLC
Status: no Form D since Sep 2019. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Disruptive Technology Solutions XVI, LLC is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Sep 3, 2019, it has sold $109,258,280 of interests to 10 investors since its first sale in Aug 2019. 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 Disruptive Technology Advisers, LLC; Dta II LLC; Alexander Davis.

Total raised
$109,258,280Cumulative sales reported on Form D
Investors
10
First sale
Aug 16, 2019
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
Disruptive Technology Advisers, LLC; Dta II LLC; Alexander Davis
Latest Form D
Sep 3, 2019

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 Disruptive Technology Solutions XVI, LLC

What is the minimum investment for Disruptive Technology Solutions XVI, LLC?

Disruptive Technology Solutions XVI, LLC's latest Form D, filed Sep 3, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Disruptive Technology Solutions XVI, LLC?

Disruptive Technology Solutions XVI, 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 Disruptive Technology Solutions XVI, LLC raised?

Disruptive Technology Solutions XVI, LLC reports $109,258,280 sold from 10 investors on its Form D filed Sep 3, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Disruptive Technology Solutions XVI, LLC based?

Disruptive Technology Solutions XVI, LLC is based in Los Angeles, California.

When did Disruptive Technology Solutions XVI, LLC launch?

Disruptive Technology Solutions XVI, LLC reports its first sale in Aug 2019.

Size compared with every private investment fund

Raised more than 82% of the 1,719 private investment funds based in California, and more than 72% of all 10,333 that report sales.

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