Newport OncB LLC is a real estate fund based in Cumming, Georgia. According to its most recent Form D, filed Aug 20, 2021, it has sold $4,800,000 of interests to 22 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include David Chang.
- Total raised
- $4,800,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Aug 18, 2021
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- David Chang
- Latest Form D
- Aug 20, 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 Newport OncB LLC
What is the minimum investment for Newport OncB LLC?
According to its latest Form D, filed Aug 20, 2021, the minimum investment Newport OncB LLC accepts from an outside investor is $100,000.
Who can invest in Newport OncB LLC?
Newport OncB LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Newport OncB LLC raised?
Newport OncB LLC reports $4,800,000 sold from 22 investors on its Form D filed Aug 20, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Newport OncB LLC based?
Newport OncB LLC is based in Cumming, Georgia.
When did Newport OncB LLC launch?
Newport OncB LLC reports its first sale in Aug 2021.
Size compared with every real estate fund
Raised more than 76% of the 494 real estate funds based in Georgia, and more than 64% of all 7,351 that report sales.