AltMountain

Shibusa Systems LLC

New Orleans, LA · CIK 1788089
Status: no Form D since Apr 2022. 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.

Shibusa Systems LLC is a real estate fund based in New Orleans, Louisiana. According to its most recent Form D, filed Apr 13, 2022, it has sold $2,503,000 of interests to 18 investors since its first sale in Sep 2019. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Gwynn; Steven Bingler; Kathryn Reynolds.

Total raised
$2,503,000Cumulative sales reported on Form D
Investors
18
First sale
Sep 13, 2019
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael Gwynn; Steven Bingler; Kathryn Reynolds
Latest Form D
Apr 13, 2022

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 Shibusa Systems LLC

What is the minimum investment for Shibusa Systems LLC?

According to its latest Form D, filed Apr 13, 2022, the minimum investment Shibusa Systems LLC accepts from an outside investor is $50,000.

Who can invest in Shibusa Systems LLC?

Shibusa Systems 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 Shibusa Systems LLC raised?

Shibusa Systems LLC reports $2,503,000 sold from 18 investors on its Form D filed Apr 13, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Shibusa Systems LLC based?

Shibusa Systems LLC is based in New Orleans, Louisiana.

When did Shibusa Systems LLC launch?

Shibusa Systems LLC reports its first sale in Sep 2019.

Size compared with every real estate fund

Raised more than 42% of the 19 real estate funds based in Louisiana, and more than 51% of all 7,349 that report sales.

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