SP Hypernova, LLC
SP Hypernova, LLC is a private investment fund based in Fort Worth, Texas. According to its most recent Form D, filed Mar 5, 2021, it has sold $19,148,500 of interests to 58 investors since its first sale in Feb 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; Patrick O'Connor; SPWi Whitney Manager, LLC.
- Total raised
- $19,148,500Cumulative sales reported on Form D
- Investors
- 58
- First sale
- Feb 17, 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; Patrick O'Connor; SPWi Whitney Manager, LLC
- Latest Form D
- Mar 5, 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, LLC
What is the minimum investment for SP Hypernova, LLC?
SP Hypernova, LLC's latest Form D, filed Mar 5, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SP Hypernova, LLC?
SP Hypernova, 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, LLC raised?
SP Hypernova, LLC reports $19,148,500 sold from 58 investors on its Form D filed Mar 5, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Hypernova, LLC based?
SP Hypernova, LLC is based in Fort Worth, Texas.
When did SP Hypernova, LLC launch?
SP Hypernova, LLC reports its first sale in Feb 2021.
Size compared with every private investment fund
Raised more than 61% of the 877 private investment funds based in Texas, and more than 50% of all 10,212 that report sales.