AltMountain

Double IPA Enterprises LLC

Highland Village, TX · CIK 1819039
Status: no Form D since Aug 2020. 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.

Double IPA Enterprises LLC is a private investment fund based in Highland Village, Texas. According to its most recent Form D, filed Aug 27, 2020, it has sold $1,627,497 of interests to 56 investors since its first sale in Jul 2020. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include John Wylie.

Total raised
$1,627,497Cumulative sales reported on Form D
Investors
56
First sale
Jul 9, 2020
Minimum investment
$25,000
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
John Wylie
Latest Form D
Aug 27, 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 Double IPA Enterprises LLC

What is the minimum investment for Double IPA Enterprises LLC?

According to its latest Form D, filed Aug 27, 2020, the minimum investment Double IPA Enterprises LLC accepts from an outside investor is $25,000.

Who can invest in Double IPA Enterprises LLC?

Double IPA Enterprises 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 Double IPA Enterprises LLC raised?

Double IPA Enterprises LLC reports $1,627,497 sold from 56 investors on its Form D filed Aug 27, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Double IPA Enterprises LLC based?

Double IPA Enterprises LLC is based in Highland Village, Texas.

When did Double IPA Enterprises LLC launch?

Double IPA Enterprises LLC reports its first sale in Jul 2020.

Size compared with every private investment fund

Raised more than 38% of the 878 private investment funds based in Texas, and more than 19% of all 10,263 that report sales.

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