Form D · Other Investment Fund

Axcelus Financial Life Insurance Co Separate Account VL 300

Philadelphia, PA · CIK 0001840151

Offering snapshot reported Aug 12, 2024 · SEC filing

Reported sold
$55.4M
Indefinite offering
Investors reported
6
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 30, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$27.7M$55.4MJan 13, 2021: $5,195,000.00Jan 13, 2021Apr 26, 2022: $37,397,539.00Apr 26, 2022Apr 12, 2023: $44,305,150.00Apr 12, 2023Aug 12, 2024: $55,449,172.00Aug 12, 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$44,305,150 → $55,449,172

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 12, 2024Amendment$55,449,172$11,144,022vs Apr 12, 20236SEC filing
Apr 12, 2023Amendment$44,305,150$6,907,611vs Apr 26, 20226SEC filing
Apr 26, 2022Amendment$37,397,539$32,202,539vs Jan 13, 20216SEC filing
Jan 13, 2021Initial$5,195,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$112K
Finders' fees
$0
Form D file number
021-386223
variable life insurance contracts
Issuer pays no sales commissions or finders' fees. Axcelus Financial pays all sales commissions from its corporate resources.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Axcelus Financial Distribution Company38383Stuart Schlesinger · CRD 1902687

Source: Form D, filed Aug 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.

People and organizations reported in Form D filings
NameReported 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:
One Liberty Place 1650 Market St., 8 Th Floor
Philadelphia, PA, 19103