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SEC filing record
Primary Source · SEC.gov

Sunwealth Note Pool 1 LLC

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

Raised

$790K

Investors

24

Min Invest

$50,000

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AltStreet Analysis

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Generated from EDGAR primary sources

Sunwealth Note Pool 1 LLC is a Delaware-organized pooled investment vehicle that filed a Form D on 2017-06-22 reporting $790K raised from 24 investors at a stated $50K minimum investment, under combined 506(b) and 3(c)(1) exemptions. Sunwealth Power LLC is listed as the promoter/executive officer entity alongside three individual executive officers; no parent platform or sibling entities are currently matched in the database.

This is a small, early-stage pooled investment fund within the alternative investment category, using the common 506(b)/3(c)(1) exemption pairing typical of privately placed funds relying on the Investment Company Act's private fund exclusion. At $790K total raise with a $50K stated minimum, this sits well below the typical institutional scale seen in larger alternative fund filings.

Data Flags

Total Amount Sold / Total InvestorsAverage check size (~$32.9K across 24 investors) falls below the stated $50K minimum investment, suggesting either a blended minimum, subsequent reduced closes, or a data inconsistency on the filing.
Securities TypeEntity name ('Note Pool') implies debt/note-based instruments, but the filing lists Securities Type as Equity, Pooled Investment Fund — a naming/classification mismatch worth noting.
First Sale DateNo first sale date disclosed; raise amount ($790K) is small, so absence is less typical than for large institutional amendments but still within normal Form D practice for an original filing.
ExemptionFiling claims both 506(b) and 3(c)(1) exemptions simultaneously — a standard combination for privately placed pooled funds, not unique to this entity.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001708904
Entity NameSunwealth Note 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 22, 2017
Accession Number0001144204-17-033676
Total Offering Amount$5,000,000
Total Amount Sold$790,000
Amount Remaining$4,210,000
Total Investors24
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 22, 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

lapsed

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Fund family Part of the Sunwealth Note Pool family: 2 vehicles across 2 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 Power LLC

Executive Officer, Promoter · SOMERVILLE, MA

Jonathan Abe

Executive Officer · SOMERVILLE, MA

Kevin Krachman

Executive Officer · SOMERVILLE, MA

Ryan Dings

Executive Officer · SOMERVILLE, MA

Questions About Sunwealth Note 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 Note Pool 1 LLC?

Sunwealth Note Pool 1 LLC is a Delaware limited liability company organized in 2017 that filed a Form D with the SEC on June 22, 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 Note Pool 1 LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Sunwealth Note Pool 1 LLC filed a Form D with the SEC on June 22, 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 $790,000 sold to 24 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 Note 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 Note 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 Note Pool 1 LLC raised?

Sunwealth Note Pool 1 LLC reported $790,000 sold from 24 investors of a $5,000,000 total offering as of the Form D filed June 22, 2017.

Who can invest in Sunwealth Note 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 Note Pool 1 LLC?

The Form D lists $50,000 as the minimum investment accepted from any outside investor as of June 22, 2017. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Sunwealth Note 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 Note Pool 1 LLC?

The Form D lists 4 related persons: Sunwealth Power LLC, executive officer, promoter (Managing Member of Issuer); Jonathan Abe, executive officer (CEO of Managing Member); Kevin Krachman, executive officer (CFO of Managing Member); Ryan E. Dings, executive officer (COO & General Counsel of Managing Member). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Sunwealth Note 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 Note 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 Note 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.