Solas Vesalio Sidecar, LLC
Solas Vesalio Sidecar, LLC is a venture capital fund based in Chattanooga, Tennessee. According to its most recent Form D, filed Jul 30, 2024, it has sold $5,598,517 of interests to 38 investors since its first sale in Feb 2022. The filing does not set a minimum investment. 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 Mark Hackett; Solas BioVentures Management, LLC; David Adair.
- Total raised
- $5,598,517Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Feb 24, 2022
- Minimum investment
- None set
- 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
- Mark Hackett; Solas BioVentures Management, LLC; David Adair
- Latest Form D
- Jul 30, 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 Solas Vesalio Sidecar, LLC
What is the minimum investment for Solas Vesalio Sidecar, LLC?
Solas Vesalio Sidecar, LLC's latest Form D, filed Jul 30, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Solas Vesalio Sidecar, LLC?
Solas Vesalio Sidecar, 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 Solas Vesalio Sidecar, LLC raised?
Solas Vesalio Sidecar, LLC reports $5,598,517 sold from 38 investors on its Form D filed Jul 30, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Solas Vesalio Sidecar, LLC based?
Solas Vesalio Sidecar, LLC is based in Chattanooga, Tennessee.
When did Solas Vesalio Sidecar, LLC launch?
Solas Vesalio Sidecar, LLC reports its first sale in Feb 2022.
Size compared with every venture capital fund
Raised more than 61% of the 46 venture capital funds based in Tennessee, and more than 83% of all 14,840 that report sales.