Elk Claim Development, LTD. is an energy fund based in Plano, Texas. According to its most recent Form D, filed Oct 27, 2016, it has sold $55,000 of interests to 1 investor since its first sale in Oct 2016. The minimum investment it accepts from an outside investor is $5,500. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Hubert Sebanc.
- Total raised
- $55,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 24, 2016
- Minimum investment
- $5,500
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Hubert Sebanc
- Latest Form D
- Oct 27, 2016
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 Elk Claim Development, LTD.
What is the minimum investment for Elk Claim Development, LTD.?
According to its latest Form D, filed Oct 27, 2016, the minimum investment Elk Claim Development, LTD. accepts from an outside investor is $5,500.
Who can invest in Elk Claim Development, LTD.?
Elk Claim Development, LTD. is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Elk Claim Development, LTD. raised?
Elk Claim Development, LTD. reports $55,000 sold from 1 investor on its Form D filed Oct 27, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Elk Claim Development, LTD. based?
Elk Claim Development, LTD. is based in Plano, Texas.
When did Elk Claim Development, LTD. launch?
Elk Claim Development, LTD. reports its first sale in Oct 2016.
Size compared with every energy fund
Raised more than 44% of the 350 energy funds based in Texas, and more than 3% of all 334 that report sales.