AltMountain

Nic Otc LLC

New York, NY · CIK 1695860
Status: no Form D since Jan 2017. 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.

Nic Otc LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Jan 31, 2017, it has sold $110,000 of interests to 110 investors since its first sale in Jan 2017. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Sarah Watterson; Lawrence Goodfield, Jr; Drive Shack Inc.

Total raised
$110,000Cumulative sales reported on Form D
Investors
110
First sale
Jan 27, 2017
Minimum investment
$1,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Sarah Watterson; Lawrence Goodfield, Jr; Drive Shack Inc
Latest Form D
Jan 31, 2017

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 Nic Otc LLC

What is the minimum investment for Nic Otc LLC?

According to its latest Form D, filed Jan 31, 2017, the minimum investment Nic Otc LLC accepts from an outside investor is $1,000.

Who can invest in Nic Otc LLC?

Nic Otc 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 Nic Otc LLC raised?

Nic Otc LLC reports $110,000 sold from 110 investors on its Form D filed Jan 31, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Nic Otc LLC based?

Nic Otc LLC is based in New York, New York.

When did Nic Otc LLC launch?

Nic Otc LLC reports its first sale in Jan 2017.

Size compared with every real estate fund

Raised more than 22% of the 813 real estate funds based in New York, and more than 6% of all 7,350 that report sales.

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