AltMountain

Mad Grove Arcade, LLC

Asheville, NC · CIK 1746859
Status: no Form D since Jul 2018. 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.

Mad Grove Arcade, LLC is a real estate fund based in Asheville, North Carolina. According to its most recent Form D, filed Jul 23, 2018, it has sold $4,275,000 of interests to 18 investors since its first sale in Jul 2018. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Eddie Dewey.

Total raised
$4,275,000Cumulative sales reported on Form D
Investors
18
First sale
Jul 20, 2018
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Eddie Dewey
Latest Form D
Jul 23, 2018

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 Mad Grove Arcade, LLC

What is the minimum investment for Mad Grove Arcade, LLC?

According to its latest Form D, filed Jul 23, 2018, the minimum investment Mad Grove Arcade, LLC accepts from an outside investor is $25,000.

Who can invest in Mad Grove Arcade, LLC?

Mad Grove Arcade, 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 Mad Grove Arcade, LLC raised?

Mad Grove Arcade, LLC reports $4,275,000 sold from 18 investors on its Form D filed Jul 23, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Mad Grove Arcade, LLC based?

Mad Grove Arcade, LLC is based in Asheville, North Carolina.

When did Mad Grove Arcade, LLC launch?

Mad Grove Arcade, LLC reports its first sale in Jul 2018.

Size compared with every real estate fund

Raised more than 74% of the 297 real estate funds based in North Carolina, and more than 62% of all 7,348 that report sales.

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