RSM Solx, LLC
RSM Solx, LLC is a venture capital fund based in Memphis, Tennessee. According to its most recent Form D, filed Jan 19, 2012, it has sold $1,275,000 of interests to 11 investors since its first sale in Jan 2012. 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. Related persons named in the filing include Frank Flautt, III; James Lackie.
- Total raised
- $1,275,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jan 6, 2012
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- Frank Flautt, III; James Lackie
- Latest Form D
- Jan 19, 2012
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 RSM Solx, LLC
What is the minimum investment for RSM Solx, LLC?
RSM Solx, LLC's latest Form D, filed Jan 19, 2012, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in RSM Solx, LLC?
RSM Solx, 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).
How much has RSM Solx, LLC raised?
RSM Solx, LLC reports $1,275,000 sold from 11 investors on its Form D filed Jan 19, 2012. This is cumulative sales since the offering began, not current assets or performance.
Where is RSM Solx, LLC based?
RSM Solx, LLC is based in Memphis, Tennessee.
When did RSM Solx, LLC launch?
RSM Solx, LLC reports its first sale in Jan 2012.
Size compared with every venture capital fund
Raised more than 35% of the 46 venture capital funds based in Tennessee, and more than 65% of all 14,768 that report sales.