AltMountain

Lasater Shelby, LLC

Wichita Falls, TX · CIK 1892260
Status: no Form D since Nov 2021. 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.

Lasater Shelby, LLC is an energy fund based in Wichita Falls, Texas. According to its most recent Form D, filed Nov 4, 2021, it has sold $1,000,000 of interests to 1 investor since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $500,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Thomas Long.

Total raised
$1,000,000Cumulative sales reported on Form D
Investors
1
First sale
Oct 20, 2021
Minimum investment
$500,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Thomas Long
Latest Form D
Nov 4, 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 Lasater Shelby, LLC

What is the minimum investment for Lasater Shelby, LLC?

According to its latest Form D, filed Nov 4, 2021, the minimum investment Lasater Shelby, LLC accepts from an outside investor is $500,000.

Who can invest in Lasater Shelby, LLC?

Lasater Shelby, 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 Lasater Shelby, LLC raised?

Lasater Shelby, LLC reports $1,000,000 sold from 1 investor on its Form D filed Nov 4, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Lasater Shelby, LLC based?

Lasater Shelby, LLC is based in Wichita Falls, Texas.

When did Lasater Shelby, LLC launch?

Lasater Shelby, LLC reports its first sale in Oct 2021.

Size compared with every energy fund

Raised more than 66% of the 349 energy funds based in Texas, and more than 39% of all 332 that report sales.

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