OT Materials Fund I, LLC is a venture capital fund based in Dover, Delaware. According to its most recent Form D, filed Jan 3, 2024, it has sold $60,000 of interests to 3 investors since its first sale in Dec 2023. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Nichola Eliovits.
- Total raised
- $60,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 22, 2023
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Nichola Eliovits
- Latest Form D
- Jan 3, 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 OT Materials Fund I, LLC
What is the minimum investment for OT Materials Fund I, LLC?
According to its latest Form D, filed Jan 3, 2024, the minimum investment OT Materials Fund I, LLC accepts from an outside investor is $100,000.
Who can invest in OT Materials Fund I, LLC?
OT Materials Fund I, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has OT Materials Fund I, LLC raised?
OT Materials Fund I, LLC reports $60,000 sold from 3 investors on its Form D filed Jan 3, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is OT Materials Fund I, LLC based?
OT Materials Fund I, LLC is based in Dover, Delaware.
When did OT Materials Fund I, LLC launch?
OT Materials Fund I, LLC reports its first sale in Dec 2023.
Size compared with every venture capital fund
Raised more than 11% of the 4,673 venture capital funds based in Delaware, and more than 7% of all 14,800 that report sales.