AltMountain

SDC 43 Atlantic LLC

Mobile, AL · CIK 1828685
Status: no Form D since Oct 2020. 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.

SDC 43 Atlantic LLC is a real estate fund based in Mobile, Alabama. According to its most recent Form D, filed Oct 30, 2020, it has sold $3,550,000 of interests to 2 investors since its first sale in Oct 2020. The minimum investment it accepts from an outside investor is $1,000,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Gregory Saad; James Saad.

Total raised
$3,550,000Cumulative sales reported on Form D
Investors
2
First sale
Oct 29, 2020
Minimum investment
$1,000,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Gregory Saad; James Saad
Latest Form D
Oct 30, 2020

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 SDC 43 Atlantic LLC

What is the minimum investment for SDC 43 Atlantic LLC?

According to its latest Form D, filed Oct 30, 2020, the minimum investment SDC 43 Atlantic LLC accepts from an outside investor is $1,000,000.

Who can invest in SDC 43 Atlantic LLC?

SDC 43 Atlantic LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has SDC 43 Atlantic LLC raised?

SDC 43 Atlantic LLC reports $3,550,000 sold from 2 investors on its Form D filed Oct 30, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is SDC 43 Atlantic LLC based?

SDC 43 Atlantic LLC is based in Mobile, Alabama.

When did SDC 43 Atlantic LLC launch?

SDC 43 Atlantic LLC reports its first sale in Oct 2020.

Size compared with every real estate fund

Raised more than 55% of the 91 real estate funds based in Alabama, and more than 58% of all 7,321 that report sales.

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