Form D · Other Investment Fund
Axcelus Financial Life Insurance Co Separate Account VA 162
Philadelphia, PA · CIK 0001692897
Offering snapshot reported Jul 24, 2024 · SEC filing
- Reported sold
- $15.2M Indefinite offering
- Investors reported
- 7 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Dec 16, 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$14,899,363 → $15,209,363
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jul 24, 2024 | Amendment | $15,209,363 | $310,000vs May 23, 2023 | 7 | SEC filing |
| May 23, 2023 | Amendment | $14,899,363 | $311,453vs Apr 19, 2022 | 7 | SEC filing |
| Apr 19, 2022 | Amendment | $14,587,910 | $1,810,000vs Mar 26, 2020 | 8 | SEC filing |
| Mar 26, 2020 | Amendment | $12,777,910 | $4,500,000vs Apr 16, 2019 | 8 | SEC filing |
| Apr 16, 2019 | Amendment | $8,277,910 | $777,910vs Mar 26, 2018 | 7 | SEC filing |
| Mar 26, 2018 | Amendment | $7,500,000 | $1,500,000vs May 9, 2017 | 6 | SEC filing |
| May 9, 2017 | Amendment | $6,000,000 | $5,750,000vs Dec 28, 2016 | 3 | SEC filing |
| Dec 28, 2016 | Initial | $250,000 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Pooled investment fund, Other
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $383K
- Finders' fees
- $0
- Form D file number
- 021-277113
variable annuity contracts
Issuer pay no sales commissions or finders' fees. Axcelus Financial pays all sales commissions from its corporate resources.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| M Holdings Securities, Inc | 43285 | Eric Naison-Phillips · CRD 5155539 |
| M Financial Securities Marketing, Inc | 139304 | Michael B. Liebeskind · CRD 1219051 |
| M Financial Securities Marketing, Inc. | 139304 | Eric Naison-Phillips · CRD 5155539 |
Source: Form D, filed Jul 24, 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:Philadelphia, PA, 19103