AltMountain

Newport OncC, LLC

Cumming, GA · CIK 1979758
506(c)
Status: no Form D since Jun 2023. 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.

Newport OncC, LLC is a real estate fund based in Cumming, Georgia. According to its most recent Form D, filed Jun 1, 2023, it has sold $3,500,000 of interests to 20 investors since its first sale in May 2023. The minimum investment it accepts from an outside investor is $50,000. 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
$3,500,000Cumulative sales reported on Form D
Investors
20
First sale
May 26, 2023
Minimum investment
$50,000
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
Jun 1, 2023

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 OncC, LLC

What is the minimum investment for Newport OncC, LLC?

According to its latest Form D, filed Jun 1, 2023, the minimum investment Newport OncC, LLC accepts from an outside investor is $50,000.

Who can invest in Newport OncC, LLC?

Newport OncC, 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 OncC, LLC raised?

Newport OncC, LLC reports $3,500,000 sold from 20 investors on its Form D filed Jun 1, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Newport OncC, LLC based?

Newport OncC, LLC is based in Cumming, Georgia.

When did Newport OncC, LLC launch?

Newport OncC, LLC reports its first sale in May 2023.

Size compared with every real estate fund

Raised more than 73% of the 494 real estate funds based in Georgia, and more than 58% of all 7,321 that report sales.

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