Propel (MODit 3D) LLC
Propel (MODit 3D) LLC is a private investment fund based in Salt Lake City, Utah. According to its most recent Form D, filed Feb 8, 2018, it has sold $142,000 of interests to 17 investors since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $3,000. 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 Richard Thoms; LLC Assure Fund Management II; Jeremy Neilson.
- Total raised
- $142,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Jan 30, 2018
- Minimum investment
- $3,000
- 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
- Richard Thoms; LLC Assure Fund Management II; Jeremy Neilson
- Latest Form D
- Feb 8, 2018
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 Propel (MODit 3D) LLC
What is the minimum investment for Propel (MODit 3D) LLC?
According to its latest Form D, filed Feb 8, 2018, the minimum investment Propel (MODit 3D) LLC accepts from an outside investor is $3,000.
Who can invest in Propel (MODit 3D) LLC?
Propel (MODit 3D) 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 Propel (MODit 3D) LLC raised?
Propel (MODit 3D) LLC reports $142,000 sold from 17 investors on its Form D filed Feb 8, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Propel (MODit 3D) LLC based?
Propel (MODit 3D) LLC is based in Salt Lake City, Utah.
When did Propel (MODit 3D) LLC launch?
Propel (MODit 3D) LLC reports its first sale in Jan 2018.
Size compared with every private investment fund
Raised more than 25% of the 197 private investment funds based in Utah, and more than 3% of all 10,266 that report sales.