Next Legacy XII, LLC
Next Legacy XII, LLC is a venture capital fund based in Palo Alto, California. Its most recent Form D, filed Dec 16, 2024, reports no sales yet. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Ben Choi; Kelli Cullinane; Ryan Nece.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ben Choi; Kelli Cullinane; Ryan Nece
- Latest Form D
- Dec 16, 2024
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 Next Legacy XII, LLC
What is the minimum investment for Next Legacy XII, LLC?
Next Legacy XII, LLC's latest Form D, filed Dec 16, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Next Legacy XII, LLC?
Next Legacy XII, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Next Legacy XII, LLC raised?
Next Legacy XII, LLC's latest Form D, filed Dec 16, 2024, reports no sales yet.
Where is Next Legacy XII, LLC based?
Next Legacy XII, LLC is based in Palo Alto, California and is managed by Next Legacy Management, LLC.
Size compared with every venture capital fund
This fund hasn't reported any sales yet.