TexNan B LLC
TexNan B LLC is a private investment fund based in Argyle, Texas. According to its most recent Form D, filed Oct 30, 2020, it has sold $1,923,000 of interests to 66 investors since its first sale in Oct 2020. 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 Dale Jones.
- Total raised
- $1,923,000Cumulative sales reported on Form D
- Investors
- 66
- First sale
- Oct 15, 2020
- 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
- Dale Jones
- Latest Form D
- Oct 30, 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 TexNan B LLC
What is the minimum investment for TexNan B LLC?
According to its latest Form D, filed Oct 30, 2020, the minimum investment TexNan B LLC accepts from an outside investor is $10,000.
Who can invest in TexNan B LLC?
TexNan B 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 TexNan B LLC raised?
TexNan B LLC reports $1,923,000 sold from 66 investors on its Form D filed Oct 30, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is TexNan B LLC based?
TexNan B LLC is based in Argyle, Texas.
When did TexNan B LLC launch?
TexNan B LLC reports its first sale in Oct 2020.
Size compared with every private investment fund
Raised more than 39% of the 878 private investment funds based in Texas, and more than 20% of all 10,266 that report sales.