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SEC filing record
Primary Source · SEC.gov

Sunwealth Project Pool 1 LLC

Fund Vehicle2017 vintage506(b), 3(c)(1)
Sunwealth

Raised

$450K

Investors

2

Min Invest

$50,000

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AltStreet Analysis

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Generated from EDGAR primary sources

Sunwealth Project Pool 1 LLC is a Delaware-formed pooled investment vehicle that filed this Form D on 2017-06-19, raising $450K in equity from 2 investors at a $50K minimum investment under combined 506(b) and 3(c)(1) exemptions. Related parties include Sunwealth Holdco I LLC and Sunwealth Power LLC as promoters, with Jonathan Abe, Kevin Krachman, and Ryan Dings listed as executive officers; no parent platform has been matched in the AltStreet database.

This is a small, privately placed pooled fund typical of early-stage alternative investment vehicles, using the common 506(b)/3(c)(1) exemption pairing that restricts the fund to a limited number of non-public investors. At $450K raised across just 2 investors with a $50K minimum, this offering sits well below the typical size of institutional alternative investment funds in this category.

Data Flags

First Sale DateTotal amount sold ($450K) is reported, but no first sale date is disclosed — unusual for a filing that reflects completed sales rather than a pre-open offering.
Total Investors / Minimum InvestmentWith 2 investors and a $50K stated minimum, the average check size (~$225K) substantially exceeds the stated minimum, suggesting concentrated participation from a small number of larger investors.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001708890
Entity NameSunwealth Project Pool 1 LLC
ExemptionRule 506(b), Section 3(c), Section 3(c)(1)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Year Organized2017
Issuer Address28 Dane Street, Somerville, MA 02143-3237
Phone(617) 999-8962
Industry / Fund TypePooled Investment Fund · Other Investment Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities TypeEquity, Pooled Investment Fund
First Sale Date—
Filing DateJune 19, 2017
Accession Number0001144204-17-033072
Total Offering Amount$450,000
Total Amount Sold$450,000
Amount Remaining$0
Total Investors2
Non-Accredited InvestorsNone
Minimum Investment$50,000
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Net Asset Value RangeDecline to Disclose
State (Issuer Address)MA
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

DJune 19, 2017

In the Terminal

Filing events

0

none on file

Critical / warning

0 / 0

0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

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Fund family Part of the Sunwealth Project Pool family: 17 vehicles across 17 generations · full family and the filing behind each link in the terminal

Investor

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  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

N/A Sunwealth Holdco I LLC

Executive Officer, Promoter · SOMERVILLE, MA

N/A Sunwealth Power LLC

Promoter · SOMERVILLE, MA

Jonathan Abe

Executive Officer · SOMERVILLE, MA

Kevin Krachman

Executive Officer · SOMERVILLE, MA

Ryan Dings

Executive Officer · SOMERVILLE, MA

Questions About Sunwealth Project Pool 1 LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Sunwealth Project Pool 1 LLC?

Sunwealth Project Pool 1 LLC is a Delaware limited liability company organized in 2017 that filed a Form D with the SEC on June 19, 2017 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1) for an offering of equity and pooled investment fund interests. AltStreet links the issuer to Sunwealth.

Is Sunwealth Project Pool 1 LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Sunwealth Project Pool 1 LLC filed a Form D with the SEC on June 19, 2017 claiming Rule 506(b), Section 3(c), Section 3(c)(1). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $450,000 sold to 2 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Sunwealth, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is Sunwealth Project Pool 1 LLC registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Sunwealth Project Pool 1 LLC claimed Rule 506(b), Section 3(c), Section 3(c)(1) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has Sunwealth Project Pool 1 LLC raised?

Sunwealth Project Pool 1 LLC reported $450,000 sold from 2 investors of a $450,000 total offering as of the Form D filed June 19, 2017.

Who can invest in Sunwealth Project Pool 1 LLC?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000.

What is the minimum investment in Sunwealth Project Pool 1 LLC?

The Form D lists $50,000 as the minimum investment accepted from any outside investor as of June 19, 2017. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Sunwealth Project Pool 1 LLC and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind Sunwealth Project Pool 1 LLC?

The Form D lists 5 related persons: Sunwealth Holdco I LLC, executive officer, promoter (Managing Member of Issuer); Sunwealth Power LLC, promoter ("Sole Member of Managing Member (""Sunwealth"")"); Jonathan Abe, executive officer (CEO of Sunwealth); Kevin Krachman, executive officer (CEO of Sunwealth); Ryan E. Dings, executive officer (COO & General Counsel of Sunwealth). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Sunwealth Project Pool 1 LLC located?

The issuer's address on its SEC filings is 28 Dane Street, Somerville, MA 02143-3237. Its phone number of record is (617) 999-8962. It is organized under the laws of Delaware.

How long is the Sunwealth Project Pool 1 LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is Sunwealth Project Pool 1 LLC?

The issuer declined to disclose its net asset value range on the Form D, which the form permits.

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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.