SP Hypernova II, LLC
SP Hypernova II, LLC is a venture capital fund based in Fort Worth. According to its most recent Form D, filed Dec 6, 2021, it has sold $15,052,500 of interests to 35 investors since its first sale in Nov 2021. 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 Apurva Mehta; SP Hypernova GP, LLC; Patrick O'Connor.
- Total raised
- $15,052,500Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Nov 11, 2021
- 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
- Apurva Mehta; SP Hypernova GP, LLC; Patrick O'Connor
- Latest Form D
- Dec 6, 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 SP Hypernova II, LLC
What is the minimum investment for SP Hypernova II, LLC?
SP Hypernova II, LLC's latest Form D, filed Dec 6, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SP Hypernova II, LLC?
SP Hypernova II, 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 SP Hypernova II, LLC raised?
SP Hypernova II, LLC reports $15,052,500 sold from 35 investors on its Form D filed Dec 6, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Hypernova II, LLC based?
SP Hypernova II, LLC is based in Fort Worth.
When did SP Hypernova II, LLC launch?
SP Hypernova II, LLC reports its first sale in Nov 2021.