AltMountain

SP Mauna Kea, LLC

Fort Worth, TX · CIK 1916375
Status: no Form D since Mar 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.

SP Mauna Kea, LLC is a venture capital fund based in Fort Worth, Texas. According to its most recent Form D, filed Mar 11, 2022, it has sold $2,850,000 of interests to 16 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 Apurva Mehta; Patrick O'Connor; Summit Peak Ventures Coinvest GP I, LLC.

Total raised
$2,850,000Cumulative sales reported on Form D
Investors
16
First sale
Feb 28, 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
Apurva Mehta; Patrick O'Connor; Summit Peak Ventures Coinvest GP I, LLC
Latest Form D
Mar 11, 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 SP Mauna Kea, LLC

What is the minimum investment for SP Mauna Kea, LLC?

SP Mauna Kea, LLC's latest Form D, filed Mar 11, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in SP Mauna Kea, LLC?

SP Mauna Kea, 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 Mauna Kea, LLC raised?

SP Mauna Kea, LLC reports $2,850,000 sold from 16 investors on its Form D filed Mar 11, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is SP Mauna Kea, LLC based?

SP Mauna Kea, LLC is based in Fort Worth, Texas.

When did SP Mauna Kea, LLC launch?

SP Mauna Kea, LLC reports its first sale in Feb 2022.

Size compared with every venture capital fund

Raised more than 66% of the 489 venture capital funds based in Texas, and more than 76% of all 14,829 that report sales.

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