Form D · Other Investment Fund
Axcelus Financial Life Insurance Co Separate Account VL 361
Philadelphia, PA · CIK 0001886491
Offering snapshot reported Aug 13, 2024 · SEC filing
- Reported sold
- $8.53M Indefinite offering
- Investors reported
- 1 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Sep 26, 2021 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$4,266,000 → $8,532,000
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Aug 13, 2024 | Amendment | $8,532,000 | $4,266,000vs Apr 14, 2023 | 1 | SEC filing |
| Apr 14, 2023 | Amendment | $4,266,000 | $2,133,000vs Oct 12, 2021 | 1 | SEC filing |
| Oct 12, 2021 | Initial | $2,133,000 | 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
- $60.7K
- Finders' fees
- $0
- Form D file number
- 021-416457
variable life insurance contracts
Issuer pays a sales commission 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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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| M Holdings Securities, Inc. | 43285 | Eric Naison-Phillips · CRD 5155539 |
Source: Form D, filed Aug 13, 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