AltMountain

Iou, LLC

Shawnee, KS · CIK 1604057
Status: no Form D since Mar 2014. 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.

Iou, LLC is a real estate fund based in Shawnee, Kansas. According to its most recent Form D, filed Mar 31, 2014, it has sold $1,940,000 of interests to 18 investors since its first sale in Mar 2014. The minimum investment it accepts from an outside investor is $40,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Daniel Marak; Darren Hicks; James Thorburn.

Total raised
$1,940,000Cumulative sales reported on Form D
Investors
18
First sale
Mar 14, 2014
Minimum investment
$40,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Daniel Marak; Darren Hicks; James Thorburn
Latest Form D
Mar 31, 2014

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 Iou, LLC

What is the minimum investment for Iou, LLC?

According to its latest Form D, filed Mar 31, 2014, the minimum investment Iou, LLC accepts from an outside investor is $40,000.

Who can invest in Iou, LLC?

Iou, LLC 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 Iou, LLC raised?

Iou, LLC reports $1,940,000 sold from 18 investors on its Form D filed Mar 31, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Iou, LLC based?

Iou, LLC is based in Shawnee, Kansas.

When did Iou, LLC launch?

Iou, LLC reports its first sale in Mar 2014.

Size compared with every real estate fund

Raised more than 63% of the 62 real estate funds based in Kansas, and more than 45% of all 7,337 that report sales.

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