Form D · Other Investment Fund
Magnetic 21 LLC
Corte Madera, CA · CIK 0001857548
Offering snapshot reported Nov 8, 2021 · SEC filing
- Reported sold
- $2.39M Indefinite offering
- Investors reported
- 18 Form D · investor count
- Minimum accepted
- $1K Reported outside-investor minimum
- First sale
- Oct 27, 2021 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Nov 8, 2021 | Initial | $2,388,000 | No comparison | 18 | SEC filing |
| Apr 19, 2021 | Initial | $2,174,000 | No comparison | 10 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund, Other
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $5K (estimated)
- Finders' fees
- $0 (estimated)
- Form D file number
- 021-420297
Class KU-2 Interests
Relates to a commission paid in connection with the sale to a Canadian investor.
Sales compensation recipients
Scroll to see all columns →
| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Highness Global Capital Inc. | None |
Source: Form D, filed Nov 8, 2021. Minimum accepted may differ from a standard advertised minimum.
Fund connections
The linked fund shows its most recently reported ADV details.
Matched by reported Form D file number
MAGNETIC 21 LLC
Investment adviser: EB FINANCIAL GROUP, LLC
- Gross asset value
- $5.65M
- Beneficial owners
- 25
- ADV minimum commitment
- $50K
Reported in Form ADV on Jan 24, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- No
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
Filing source
Form ADV 1817850 · Jan 24, 2024 · Schedule D 7.B.(1), fund 805-9657903950
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
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 |
|---|---|
| Laurence Albukerk | Executive |
| Magnetic Ventures Llc | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Corte Madera, CA, 94925