AltMountain

TQS Asbs, LLC

Salt Lake City, UT · CIK 1847734
Status: no Form D since Mar 2021. 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.

TQS Asbs, LLC is a private investment fund based in Salt Lake City, Utah. According to its most recent Form D, filed Mar 30, 2021, it has sold $20,480,000 of interests to 5 investors since its first sale in Mar 2021. 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 Richard Thoms; LLC Assure Fund Management II; Jeremy Neilson.

Total raised
$20,480,000Cumulative sales reported on Form D
Investors
5
First sale
Mar 18, 2021
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
Richard Thoms; LLC Assure Fund Management II; Jeremy Neilson
Latest Form D
Mar 30, 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 TQS Asbs, LLC

What is the minimum investment for TQS Asbs, LLC?

According to its latest Form D, filed Mar 30, 2021, the minimum investment TQS Asbs, LLC accepts from an outside investor is $10,000.

Who can invest in TQS Asbs, LLC?

TQS Asbs, 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 TQS Asbs, LLC raised?

TQS Asbs, LLC reports $20,480,000 sold from 5 investors on its Form D filed Mar 30, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is TQS Asbs, LLC based?

TQS Asbs, LLC is based in Salt Lake City, Utah.

When did TQS Asbs, LLC launch?

TQS Asbs, LLC reports its first sale in Mar 2021.

Size compared with every private investment fund

Raised more than 87% of the 197 private investment funds based in Utah, and more than 51% of all 10,263 that report sales.

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