Bindlestick Fund, LLC
Bindlestick Fund, LLC is a venture capital fund based in South Kingstown, Rhode Island. According to its most recent Form D, filed Jan 2, 2019, it has sold $795,000 of interests to 13 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $20,000. 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 Charles Exley, III; Gina Catalano; Matt Wilson.
- Total raised
- $795,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Dec 17, 2018
- Minimum investment
- $20,000
- 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
- Charles Exley, III; Gina Catalano; Matt Wilson
- Latest Form D
- Jan 2, 2019
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 Bindlestick Fund, LLC
What is the minimum investment for Bindlestick Fund, LLC?
According to its latest Form D, filed Jan 2, 2019, the minimum investment Bindlestick Fund, LLC accepts from an outside investor is $20,000.
Who can invest in Bindlestick Fund, LLC?
Bindlestick Fund, 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 Bindlestick Fund, LLC raised?
Bindlestick Fund, LLC reports $795,000 sold from 13 investors on its Form D filed Jan 2, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Bindlestick Fund, LLC based?
Bindlestick Fund, LLC is based in South Kingstown, Rhode Island.
When did Bindlestick Fund, LLC launch?
Bindlestick Fund, LLC reports its first sale in Dec 2018.
Size compared with every venture capital fund
Raised more than 0% of the 1 venture capital funds based in Rhode Island, and more than 57% of all 14,768 that report sales.