GIM: Elucid, LLC
GIM: Elucid, LLC is a private investment fund based in Salt Lake City, Utah. According to its most recent Form D, filed Apr 27, 2021, it has sold $175,000 of interests to 7 investors since its first sale in Apr 2021. The minimum investment it accepts from an outside investor is $10,000. 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 Jeremy Neilson; Richard Thoms; LLC Assure Fund Management II.
- Total raised
- $175,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Apr 23, 2021
- Minimum investment
- $10,000
- 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
- Jeremy Neilson; Richard Thoms; LLC Assure Fund Management II
- Latest Form D
- Apr 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 GIM: Elucid, LLC
What is the minimum investment for GIM: Elucid, LLC?
According to its latest Form D, filed Apr 27, 2021, the minimum investment GIM: Elucid, LLC accepts from an outside investor is $10,000.
Who can invest in GIM: Elucid, LLC?
GIM: Elucid, 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 GIM: Elucid, LLC raised?
GIM: Elucid, LLC reports $175,000 sold from 7 investors on its Form D filed Apr 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is GIM: Elucid, LLC based?
GIM: Elucid, LLC is based in Salt Lake City, Utah.
When did GIM: Elucid, LLC launch?
GIM: Elucid, LLC reports its first sale in Apr 2021.
Size compared with every private investment fund
Raised more than 26% of the 197 private investment funds based in Utah, and more than 4% of all 10,333 that report sales.