AltMountain

Parallel Cage, LLC

Argyle, TX · CIK 2023177
Status: no Form D since Jun 2024. 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.

Parallel Cage, LLC is a private investment fund based in Argyle, Texas. According to its most recent Form D, filed Jun 12, 2024, it has sold $1,531,503 of interests to 37 investors since its first sale in May 2024. The filing does not set a minimum investment. 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 Winston Hubbard.

Total raised
$1,531,503Cumulative sales reported on Form D
Investors
37
First sale
May 3, 2024
Minimum investment
None set
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
Winston Hubbard
Latest Form D
Jun 12, 2024

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 Parallel Cage, LLC

What is the minimum investment for Parallel Cage, LLC?

Parallel Cage, LLC's latest Form D, filed Jun 12, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Parallel Cage, LLC?

Parallel Cage, 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 Parallel Cage, LLC raised?

Parallel Cage, LLC reports $1,531,503 sold from 37 investors on its Form D filed Jun 12, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Parallel Cage, LLC based?

Parallel Cage, LLC is based in Argyle, Texas.

When did Parallel Cage, LLC launch?

Parallel Cage, LLC reports its first sale in May 2024.

Size compared with every private investment fund

Raised more than 38% of the 877 private investment funds based in Texas, and more than 18% of all 10,212 that report sales.

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