Purple Sparkball Ltd is a private equity fund based in Road Town, Virgin Islands, British. According to its most recent Form D, filed Nov 4, 2024, it has sold $205,000 of interests to 102 investors since its first sale in Oct 2024. The minimum investment it accepts from an outside investor is $500. 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 GM Echo Manager LTD.
- Total raised
- $205,000Cumulative sales reported on Form D
- Investors
- 102
- First sale
- Oct 17, 2024
- Minimum investment
- $500
- 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
- GM Echo Manager LTD
- Latest Form D
- Nov 4, 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 Purple Sparkball Ltd
What is the minimum investment for Purple Sparkball Ltd?
According to its latest Form D, filed Nov 4, 2024, the minimum investment Purple Sparkball Ltd accepts from an outside investor is $500.
Who can invest in Purple Sparkball Ltd?
Purple Sparkball Ltd 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 Purple Sparkball Ltd raised?
Purple Sparkball Ltd reports $205,000 sold from 102 investors on its Form D filed Nov 4, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Purple Sparkball Ltd based?
Purple Sparkball Ltd is based in Road Town, Virgin Islands, British.
When did Purple Sparkball Ltd launch?
Purple Sparkball Ltd reports its first sale in Oct 2024.
Size compared with every private equity fund
Raised more than 31% of the 309 private equity funds based in Virgin Islands, British, and more than 8% of all 8,896 that report sales.