Preferred Tool Acquisition LLC is a private investment fund based in Huxley, Iowa. According to its most recent Form D, filed Feb 19, 2026, it has sold $4,395,000 of interests to 28 investors since its first sale in Jan 2026. The minimum investment it accepts from an outside investor is $20,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Nick Skow; Cody Hundertmark; Garrett Gillen.
- Total raised
- $4,395,000Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Jan 29, 2026
- Minimum investment
- $20,000
- 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
- Nick Skow; Cody Hundertmark; Garrett Gillen
- Latest Form D
- Feb 19, 2026
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 Preferred Tool Acquisition LLC
What is the minimum investment for Preferred Tool Acquisition LLC?
According to its latest Form D, filed Feb 19, 2026, the minimum investment Preferred Tool Acquisition LLC accepts from an outside investor is $20,000.
Who can invest in Preferred Tool Acquisition LLC?
Preferred Tool Acquisition 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 Preferred Tool Acquisition LLC raised?
Preferred Tool Acquisition LLC reports $4,395,000 sold from 28 investors on its Form D filed Feb 19, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Preferred Tool Acquisition LLC based?
Preferred Tool Acquisition LLC is based in Huxley, Iowa.
When did Preferred Tool Acquisition LLC launch?
Preferred Tool Acquisition LLC reports its first sale in Jan 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 67% of the 48 private investment funds based in Iowa, and more than 30% of all 10,266 that report sales.