Form D · Other Investment Fund
Axcelus Financial Life Insurance Co Separate Account VA 159
Philadephia, PA · CIK 0001685704
Offering snapshot reported Jul 12, 2024 · SEC filing
- Reported sold
- $76.7M Indefinite offering
- Investors reported
- 35 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Oct 28, 2016 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$68,656,953 → $76,654,521
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jul 12, 2024 | Amendment | $76,654,521 | $7,997,568vs Jun 5, 2023 | 35 | SEC filing |
| Jun 5, 2023 | Amendment | $68,656,953 | $63,563,379vs Mar 29, 2018 | 35 | SEC filing |
| Mar 29, 2018 | Amendment | $5,093,574 | $3,997,298vs May 9, 2017 | 4 | SEC filing |
| May 9, 2017 | Amendment | $1,096,276 | $742,130vs Nov 1, 2016 | 1 | SEC filing |
| Nov 1, 2016 | Initial | $354,146 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Pooled investment fund, Other
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $49K
- Finders' fees
- $0
- Form D file number
- 021-273614
variable annuity contracts
Issuer pays no sales commissions on finders fees. Axcelus Financial pays all sales commissions from its corporate resources.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Oasis Wealth, Inc (Woodbury Financial Services) | 421 | David H Greenspahn · CRD 2710039 |
| Equitable Advisors, LLC | 6627 | Robert P. Morris · CRD 7140109 |
Source: Form D, filed Jul 12, 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.
| Name | Reported role |
|---|---|
| Axcelus Financial Axcelus Financial Life Insurance Company | Promoter |
| Lilac Lombard International Life Assurance Company | Promoter |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Philadephia, PA, 19103