Form D · Commercial
Cove Net Lease Distribution 53 DST
Torrance, CA · CIK 0001917097
Offering snapshot reported Sep 20, 2022 · SEC filing
- Reported sold
- $23.7M Offering amount: $24M
- Investors reported
- 43 Form D · investor count
- Minimum accepted
- $1K Reported outside-investor minimum
- First sale
- Mar 17, 2022 As reported in this filing
Fundraising history
Reported soldDates 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$14,745,371 → $23,671,099
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Sep 20, 2022 | Amendment | $23,671,099 | $8,925,728vs Jun 16, 2022 | 43 | SEC filing |
| Jun 16, 2022 | Amendment | $14,745,371 | $14,645,371vs Mar 22, 2022 | 43 | SEC filing |
| Mar 22, 2022 | Initial | $100,000 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Other
- Exemptions
- 06c
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $959K (estimated)
- Finders' fees
- $0
- Form D file number
- 021-438265
Beneficial interests in Delaware statutory trust.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| FNEX Capital, LLC | 166316 | FNEX Capital, LLC · CRD 166316 |
Source: Form D, filed Sep 20, 2022. 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.
| Name | Reported role |
|---|---|
| N/A Cove Capital Investments, Llc | Promoter |
| N/A Cove Net Lease Distribution 53 St, Llc | Executive |
| Dwight Kay | Executive |
| Chay Lapin | Executive |
Issuer details
Industry: Commercial (See others in industry)
Address:
21515 Hawthorne Blvd Ste 360
Torrance, CA, 90503
Torrance, CA, 90503