AltMountain

NPC Vb. LLC

Redwood City, CA · CIK 1884445
Status: no Form D since Sep 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

NPC Vb. LLC is a venture capital fund based in Redwood City, California. According to its most recent Form D, filed Sep 24, 2021, it has sold $6,240,500 of interests to 21 investors since its first sale in Sep 2021. The minimum investment it accepts from an outside investor is $25,000. 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 Next Play Capital GP III, LLC; Ryan Nece; John Ailanjian.

Total raised
$6,240,500Cumulative sales reported on Form D
Investors
21
First sale
Sep 17, 2021
Minimum investment
$25,000
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
Next Play Capital GP III, LLC; Ryan Nece; John Ailanjian
Latest Form D
Sep 24, 2021

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 NPC Vb. LLC

What is the minimum investment for NPC Vb. LLC?

According to its latest Form D, filed Sep 24, 2021, the minimum investment NPC Vb. LLC accepts from an outside investor is $25,000.

Who can invest in NPC Vb. LLC?

NPC Vb. 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 NPC Vb. LLC raised?

NPC Vb. LLC reports $6,240,500 sold from 21 investors on its Form D filed Sep 24, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is NPC Vb. LLC based?

NPC Vb. LLC is based in Redwood City, California.

When did NPC Vb. LLC launch?

NPC Vb. LLC reports its first sale in Sep 2021.

Size compared with every venture capital fund

Raised more than 70% of the 2,199 venture capital funds based in California, and more than 84% of all 14,768 that report sales.

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