Wave by EPIC, LLC is a real estate fund based in Minot, North Dakota. According to its most recent Form D, filed May 8, 2023, it has sold $1,225,000 of interests to 2 investors since its first sale in Oct 2022. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Todd Berning.
- Total raised
- $1,225,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Oct 3, 2022
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Todd Berning
- Latest Form D
- May 8, 2023
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 Wave by EPIC, LLC
What is the minimum investment for Wave by EPIC, LLC?
According to its latest Form D, filed May 8, 2023, the minimum investment Wave by EPIC, LLC accepts from an outside investor is $50,000.
Who can invest in Wave by EPIC, LLC?
Wave by EPIC, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Wave by EPIC, LLC raised?
Wave by EPIC, LLC reports $1,225,000 sold from 2 investors on its Form D filed May 8, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Wave by EPIC, LLC based?
Wave by EPIC, LLC is based in Minot, North Dakota.
When did Wave by EPIC, LLC launch?
Wave by EPIC, LLC reports its first sale in Oct 2022.
Size compared with every real estate fund
Raised more than 38% of the 26 real estate funds based in North Dakota, and more than 36% of all 7,311 that report sales.