AltMountain

Project Jet LLC

Boise, ID · CIK 2005238
Status: no Form D since Sep 2024. 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.

Project Jet LLC is a private investment fund based in Boise, Idaho. According to its most recent Form D, filed Sep 6, 2024, it has sold $5,200,000 of interests to 22 investors since its first sale in Aug 2024. The filing does not set a minimum investment. 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 Steven Finn; Siddhi Capital, LLC; Melissa Facchina.

Total raised
$5,200,000Cumulative sales reported on Form D
Investors
22
First sale
Aug 22, 2024
Minimum investment
None set
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
Steven Finn; Siddhi Capital, LLC; Melissa Facchina
Latest Form D
Sep 6, 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 Project Jet LLC

What is the minimum investment for Project Jet LLC?

Project Jet LLC's latest Form D, filed Sep 6, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Project Jet LLC?

Project Jet 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 Project Jet LLC raised?

Project Jet LLC reports $5,200,000 sold from 22 investors on its Form D filed Sep 6, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Project Jet LLC based?

Project Jet LLC is based in Boise, Idaho.

When did Project Jet LLC launch?

Project Jet LLC reports its first sale in Aug 2024.

Size compared with every private investment fund

Raised more than 59% of the 17 private investment funds based in Idaho, and more than 32% of all 10,248 that report sales.

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