Offtake LLC
Offtake LLC is a venture capital fund based in Hallandale, Florida. According to its most recent Form D, filed Aug 19, 2019, it has sold $1,100,000 of interests to 12 investors since its first sale in Jul 2019. 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 Meyer Mishkin; Joseph Mishkin.
- Total raised
- $1,100,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jul 8, 2019
- 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
- Meyer Mishkin; Joseph Mishkin
- Latest Form D
- Aug 19, 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 Offtake LLC
What is the minimum investment for Offtake LLC?
According to its latest Form D, filed Aug 19, 2019, the minimum investment Offtake LLC accepts from an outside investor is $20,000.
Who can invest in Offtake LLC?
Offtake 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 Offtake LLC raised?
Offtake LLC reports $1,100,000 sold from 12 investors on its Form D filed Aug 19, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Offtake LLC based?
Offtake LLC is based in Hallandale, Florida.
When did Offtake LLC launch?
Offtake LLC reports its first sale in Jul 2019.
Size compared with every venture capital fund
Raised more than 50% of the 562 venture capital funds based in Florida, and more than 63% of all 14,732 that report sales.