USICVI Grape, Inc. is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Feb 6, 2024, it has sold $124,000 of interests to 124 investors since its first sale in Jan 2024. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Toby Rogers; Dewitt Hicks III; Scott Morse.
- Total raised
- $124,000Cumulative sales reported on Form D
- Investors
- 124
- First sale
- Jan 25, 2024
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Toby Rogers; Dewitt Hicks III; Scott Morse
- Latest Form D
- Feb 6, 2024
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 USICVI Grape, Inc.
What is the minimum investment for USICVI Grape, Inc.?
According to its latest Form D, filed Feb 6, 2024, the minimum investment USICVI Grape, Inc. accepts from an outside investor is $1,000.
Who can invest in USICVI Grape, Inc.?
USICVI Grape, Inc. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has USICVI Grape, Inc. raised?
USICVI Grape, Inc. reports $124,000 sold from 124 investors on its Form D filed Feb 6, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is USICVI Grape, Inc. based?
USICVI Grape, Inc. is based in Dallas, Texas.
When did USICVI Grape, Inc. launch?
USICVI Grape, Inc. reports its first sale in Jan 2024.
Size compared with every real estate fund
Raised more than 32% of the 1,419 real estate funds based in Texas, and more than 8% of all 7,350 that report sales.