Sovereign Digital, LLC is a private equity fund based in Sheridan, Wyoming. According to its most recent Form D, filed May 3, 2021, it has sold $215,000 of interests to 11 investors since its first sale in Apr 2021. The minimum investment it accepts from an outside investor is $10,000. 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 Michael Kimelman.
- Total raised
- $215,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Apr 21, 2021
- Minimum investment
- $10,000
- 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
- Michael Kimelman
- Latest Form D
- May 3, 2021
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 Sovereign Digital, LLC
What is the minimum investment for Sovereign Digital, LLC?
According to its latest Form D, filed May 3, 2021, the minimum investment Sovereign Digital, LLC accepts from an outside investor is $10,000.
Who can invest in Sovereign Digital, LLC?
Sovereign Digital, 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 Sovereign Digital, LLC raised?
Sovereign Digital, LLC reports $215,000 sold from 11 investors on its Form D filed May 3, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Sovereign Digital, LLC based?
Sovereign Digital, LLC is based in Sheridan, Wyoming.
When did Sovereign Digital, LLC launch?
Sovereign Digital, LLC reports its first sale in Apr 2021.
Size compared with every private equity fund
Raised more than 47% of the 15 private equity funds based in Wyoming, and more than 9% of all 8,896 that report sales.