Impact Engine III, LLC is a venture capital fund based in Chicago. According to its most recent Form D, filed Jun 10, 2014, it has sold $250,000 of interests to 7 investors since its first sale in May 2014. The minimum investment it accepts from an outside investor is $12,500. 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 Chuck Templeton; Jessica Droste Yagan; Linda Darragh.
- Total raised
- $250,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- May 29, 2014
- Minimum investment
- $12,500
- 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
- Chuck Templeton; Jessica Droste Yagan; Linda Darragh
- Latest Form D
- Jun 10, 2014
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 Impact Engine III, LLC
What is the minimum investment for Impact Engine III, LLC?
According to its latest Form D, filed Jun 10, 2014, the minimum investment Impact Engine III, LLC accepts from an outside investor is $12,500.
Who can invest in Impact Engine III, LLC?
Impact Engine III, 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 Impact Engine III, LLC raised?
Impact Engine III, LLC reports $250,000 sold from 7 investors on its Form D filed Jun 10, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Impact Engine III, LLC based?
Impact Engine III, LLC is based in Chicago.
When did Impact Engine III, LLC launch?
Impact Engine III, LLC reports its first sale in May 2014.