Proof II Slt, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Aug 26, 2021, it has sold $2,854,833 of interests to 16 investors since its first sale in Aug 2021. 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 Thanasis Delistathis; John Backus, Jr; John Burke.
- Total raised
- $2,854,833Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Aug 18, 2021
- 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
- Thanasis Delistathis; John Backus, Jr; John Burke
- Latest Form D
- Aug 26, 2021
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 Proof II Slt, LLC
What is the minimum investment for Proof II Slt, LLC?
Proof II Slt, LLC's latest Form D, filed Aug 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Slt, LLC?
Proof II Slt, 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 Proof II Slt, LLC raised?
Proof II Slt, LLC reports $2,854,833 sold from 16 investors on its Form D filed Aug 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Slt, LLC based?
Proof II Slt, LLC is based in Reston, Virginia.
When did Proof II Slt, LLC launch?
Proof II Slt, LLC reports its first sale in Aug 2021.
Size compared with every venture capital fund
Raised more than 73% of the 138 venture capital funds based in Virginia, and more than 76% of all 14,732 that report sales.