Wise Star Development, LLC is an energy fund based in Fair Oaks Ranch, Texas. According to its most recent Form D, filed Mar 15, 2022, it has sold $310,570 of interests to 1 investor since its first sale in Feb 2022. The minimum investment it accepts from an outside investor is $155,285. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include J. Denbow; Dan Banks.
- Total raised
- $310,570Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Feb 28, 2022
- Minimum investment
- $155,285
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- J. Denbow; Dan Banks
- Latest Form D
- Mar 15, 2022
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 Wise Star Development, LLC
What is the minimum investment for Wise Star Development, LLC?
According to its latest Form D, filed Mar 15, 2022, the minimum investment Wise Star Development, LLC accepts from an outside investor is $155,285.
Who can invest in Wise Star Development, LLC?
Wise Star Development, 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 Wise Star Development, LLC raised?
Wise Star Development, LLC reports $310,570 sold from 1 investor on its Form D filed Mar 15, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Wise Star Development, LLC based?
Wise Star Development, LLC is based in Fair Oaks Ranch, Texas.
When did Wise Star Development, LLC launch?
Wise Star Development, LLC reports its first sale in Feb 2022.
Size compared with every energy fund
Raised more than 56% of the 349 energy funds based in Texas, and more than 20% of all 333 that report sales.