Form D · Other Investment Fund

Axcelus Financial Life Insurance Co Separate Account VL 422

Philadelphia, PA · CIK 0001971837

Offering snapshot reported Aug 6, 2024 · SEC filing

Reported sold
$8.33M
Indefinite offering
Investors reported
4
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 12, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$4.17M$8.33MDec 22, 2023: $1,666,666.00Dec 22, 2023Aug 6, 2024: $8,333,332.00Aug 6, 2024

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$1,666,666 → $8,333,332
  • Reported investors1 → 4

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 6, 2024Amendment$8,333,332$6,666,666vs Dec 22, 20234SEC filing
Dec 22, 2023Initial$1,666,666No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$9.67K
Finders' fees
$0
Form D file number
021-500623
variable life insurance contracts
Issuer pays sales commissions equal to a percentage of the premium received by the Issuer. Axcelus Financial also pays sales commissions from its corporate resources.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Stern Capital LLC131226Jennifer H. Macaulay · CRD 2447557

Source: Form D, filed Aug 6, 2024. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Axcelus Financial Axcelus Financial Life Insurance Company Promoter
Lilac Assurance Lombard International Life Assurance Company Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
One Liberty Place 1650 Market St., 8 Th Floor
Philadelphia, PA, 19103