Acretrader 138, LLC (CIK 0001832440) — EDGAR Entity Profile

AltStreetEDGAR DatabaseAcreTraderAcretrader 138, LLC
EDGAR Verified
Primary Source · SEC.gov
Acretrader 138, LLCCIK 0001832440Single-Deal SPV2020 vintage506(c)
AcreTraderFull Review
Raised
$2M
Investors
20
Min Invest
$24,175
AltStreet Analysis
·Generated from EDGAR primary sources
Acretrader 138, LLC is a single-property farmland investment vehicle filed by Stephen Malloy and Mary Alexander that raised $1.5M from 20 investors under Rule 506(c). The offering has a $24K minimum investment and is part of the AcreTrader platform, which has 138 related entities on EDGAR. First sale date was not disclosed in this December 2020 filing.
This offering falls within the typical structure for AcreTrader farmland SPVs: a 506(c) exemption allowing general solicitation with accredited-only investors, a mid-tier minimum investment around $24K, and a raise size between $1M-$2M. The $75K average check size (based on 20 investors) is consistent with fractional farmland ownership models.
Data Flags
salesCommissionsNo sales commissions stated on a $1.5M 506(c) offering with 20 investors, which is unusual for retail-oriented platforms that typically use third-party distribution
firstSaleDateFirst sale date not disclosed despite $1.5M already raised from 20 investors by filing date
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001832440
Entity NameAcretrader 138, LLC
Exemption506(c)
First Sale Date—
Filing DateDecember 15, 2020
Accession Number0001832440-20-000001
Total Amount Sold$2M
Total Investors20
Minimum Investment$24,175
Securities TypeEquity
State of IncorporationNot specified
Amendment CountOriginal filing only
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Stephen Malloy
Executive Officer · Fayetteville, AR
Mary Alexander
Executive Officer · Fayetteville, AR
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Parent Platform
AcreTrader
Farmland - Est. 2018
Min invest$15,000
EligibilityAccredited Only
LiquidityLocked
AuditUnaudited
Platform default minimum — individual offerings may vary
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EDGAR Links
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.