Mega Beverages LLC
Mega Beverages LLC is a venture capital fund based in Humacao, Puerto Rico. According to its most recent Form D, filed Sep 26, 2022, it has sold $1,550,000 of interests to 13 investors since its first sale in Aug 2022. The filing does not set a minimum investment. 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 Del Mar Investments, LLC; Sanjay Chandiram.
- Total raised
- $1,550,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Aug 17, 2022
- Minimum investment
- None set
- 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
- Del Mar Investments, LLC; Sanjay Chandiram
- Latest Form D
- Sep 26, 2022
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 Mega Beverages LLC
What is the minimum investment for Mega Beverages LLC?
Mega Beverages LLC's latest Form D, filed Sep 26, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Mega Beverages LLC?
Mega Beverages 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 Mega Beverages LLC raised?
Mega Beverages LLC reports $1,550,000 sold from 13 investors on its Form D filed Sep 26, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Mega Beverages LLC based?
Mega Beverages LLC is based in Humacao, Puerto Rico.
When did Mega Beverages LLC launch?
Mega Beverages LLC reports its first sale in Aug 2022.
Size compared with every venture capital fund
Raised more than 29% of the 24 venture capital funds based in Puerto Rico, and more than 68% of all 14,768 that report sales.