SPTA Denali, LLC
SPTA Denali, LLC is a private investment fund based in Fort Worth, Texas. According to its most recent Form D, filed Sep 11, 2020, it has sold $2,100,000 of interests to 10 investors since its first sale in Sep 2020. 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; Summit Peak Ventures Coinvest GP I, LLC; Patrick O'Connor.
- Total raised
- $2,100,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Sep 3, 2020
- 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; Summit Peak Ventures Coinvest GP I, LLC; Patrick O'Connor
- Latest Form D
- Sep 11, 2020
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 SPTA Denali, LLC
What is the minimum investment for SPTA Denali, LLC?
SPTA Denali, LLC's latest Form D, filed Sep 11, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SPTA Denali, LLC?
SPTA Denali, 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 SPTA Denali, LLC raised?
SPTA Denali, LLC reports $2,100,000 sold from 10 investors on its Form D filed Sep 11, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is SPTA Denali, LLC based?
SPTA Denali, LLC is based in Fort Worth, Texas.
When did SPTA Denali, LLC launch?
SPTA Denali, LLC reports its first sale in Sep 2020.
Size compared with every private investment fund
Raised more than 40% of the 879 private investment funds based in Texas, and more than 21% of all 10,270 that report sales.