OnPoint Acquisition Co., LLC
OnPoint Acquisition Co., LLC is a private investment fund based in Greenville, South Carolina. According to its most recent Form D, filed Jun 4, 2024, it has sold $1,100,000 of interests to 18 investors since its first sale in May 2024. The minimum investment it accepts from an outside investor is $10,000. 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 Charles Devier.
- Total raised
- $1,100,000Cumulative sales reported on Form D
- Investors
- 18
- First sale
- May 22, 2024
- Minimum investment
- $10,000
- 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
- Charles Devier
- Latest Form D
- Jun 4, 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 OnPoint Acquisition Co., LLC
What is the minimum investment for OnPoint Acquisition Co., LLC?
According to its latest Form D, filed Jun 4, 2024, the minimum investment OnPoint Acquisition Co., LLC accepts from an outside investor is $10,000.
Who can invest in OnPoint Acquisition Co., LLC?
OnPoint Acquisition Co., 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 OnPoint Acquisition Co., LLC raised?
OnPoint Acquisition Co., LLC reports $1,100,000 sold from 18 investors on its Form D filed Jun 4, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is OnPoint Acquisition Co., LLC based?
OnPoint Acquisition Co., LLC is based in Greenville, South Carolina.
When did OnPoint Acquisition Co., LLC launch?
OnPoint Acquisition Co., LLC reports its first sale in May 2024.
Size compared with every private investment fund
Raised more than 34% of the 53 private investment funds based in South Carolina, and more than 15% of all 10,270 that report sales.