Nli III LLC
Nli III LLC is a private investment fund based in Salt Lake City, Utah. According to its most recent Form D, filed Apr 22, 2020, it has sold $4,952,289 of interests to 39 investors since its first sale in Aug 2019. The minimum investment it accepts from an outside investor is $1,000. 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 LLC Sundance Bay Net Lease Investments; Richard Thoms; LLC Assure Fund Management II.
- Total raised
- $4,952,289Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Aug 7, 2019
- Minimum investment
- $1,000
- 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
- LLC Sundance Bay Net Lease Investments; Richard Thoms; LLC Assure Fund Management II
- Latest Form D
- Apr 22, 2020
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 Nli III LLC
What is the minimum investment for Nli III LLC?
According to its latest Form D, filed Apr 22, 2020, the minimum investment Nli III LLC accepts from an outside investor is $1,000.
Who can invest in Nli III LLC?
Nli III 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 Nli III LLC raised?
Nli III LLC reports $4,952,289 sold from 39 investors on its Form D filed Apr 22, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Nli III LLC based?
Nli III LLC is based in Salt Lake City, Utah.
When did Nli III LLC launch?
Nli III LLC reports its first sale in Aug 2019.
Size compared with every private investment fund
Raised more than 76% of the 197 private investment funds based in Utah, and more than 31% of all 10,266 that report sales.