Ride4U, LLC
Ride4U, LLC is a private equity fund based in Shaker Heights. According to its most recent Form D, filed Mar 3, 2016, it has sold $1,350,000 of interests to 11 investors since its first sale in Jan 2016. The minimum investment it accepts from an outside investor is $25,458. 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 Terence Sullivan.
- Total raised
- $1,350,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jan 26, 2016
- Minimum investment
- $25,458
- 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
- Terence Sullivan
- Latest Form D
- Mar 3, 2016
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 Ride4U, LLC
What is the minimum investment for Ride4U, LLC?
According to its latest Form D, filed Mar 3, 2016, the minimum investment Ride4U, LLC accepts from an outside investor is $25,458.
Who can invest in Ride4U, LLC?
Ride4U, 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 Ride4U, LLC raised?
Ride4U, LLC reports $1,350,000 sold from 11 investors on its Form D filed Mar 3, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Ride4U, LLC based?
Ride4U, LLC is based in Shaker Heights.
When did Ride4U, LLC launch?
Ride4U, LLC reports its first sale in Jan 2016.