Form D · Private Equity Fund

SPL Exploration SPV XXV LLC

New York, NY · CIK 0002075709

Offering snapshot reported Sep 4, 2025 · SEC filing

Reported sold
$9.38M
Indefinite offering
Investors reported
15
Form D · investor count
Minimum accepted
$25K
Reported outside-investor minimum
First sale
Aug 20, 2025
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 4, 2025Initial$9,376,907No comparison15SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-556623
The aforementioned FINRA registered broker dealers in Item 12 are entitled to receive specified, agreed upon fees paid to the Investment Manager or an affiliate thereof.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Chardan Capital Markets LLC120128
The Enterprise Securities Company26598

Source: Form D, filed Sep 4, 2025. 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

SPL EXPLORATION SPV XXV LLC

Investment adviser: ATW PARTNERS LLC

Gross asset value
$9.38M
Beneficial owners
15
ADV minimum commitment
$25K

Reported in Form ADV on May 4, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CITIZENS BANK, N.A. PROVIDENCE, Rhode Island, United States Related to adviser: No
Custodian EQUITY TRUST COMPANY SIOUX FALLS, South Dakota, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No
Filing source

Form ADV 2103068 · May 4, 2026 · Schedule D 7.B.(1), fund 805-9647881824

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.

People and organizations reported in Form D filings
NameReported role
. Atw Partners Opportunities Management, Llc Promoter
Kerry Propper Executive
Antonio Ruiz Gimenez Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1 Pennsylvania Plaza Suite 4810
New York, NY, 10119