SEC filing record
Primary Source · SEC.gov

DS Royalties LLC

Single-Deal SPV2018 vintage506(c)

Raised

$3M

Investors

56

Min Invest

$36,450

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AltStreet Analysis

·

Generated from EDGAR primary sources

DS Royalties LLC is a Delaware-registered special purpose vehicle that raised $3.4M from 56 investors under Rule 506(c), with a minimum investment of $36K. Filed November 2, 2018, it is part of the Royalty Exchange platform, a music royalties marketplace, with Matthew Smith and Royalty Exchange Inc. listed as executive officer and promoter respectively.

This music royalties offering represents a typical structure for the Royalty Exchange platform, utilizing 506(c) general solicitation exemption with retail-accessible minimums in the $36K–$50K range. The investor count of 56 participants and sub-$100K average check size reflects the platform's fractional ownership model for music catalog cash flows.

Data Flags

sales_commissionsNo sales commissions disclosed on a $3.4M 506(c) offering with 56 investors; consistent across Royalty Exchange platform entities, likely reflecting a platform-driven distribution model rather than broker-dealer intermediation

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001757738
Entity NameDS Royalties LLC
ExemptionRule 506(c)
What the exemption meansRule 506(c) of Regulation D: the issuer may advertise the offering publicly, but every purchaser must be a verified accredited investor.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Year Organized2018
Issuer Address1550 Larimer Street #769, Denver, CO 80202
Phone(800) 718-2269
Industry / Fund TypeOther
Securities TypeEquity
First Sale Date—
Filing DateNovember 2, 2018
Accession Number0001567619-18-005011
Total Offering Amount$3,371,625
Total Amount Sold$3,371,625
Amount Remaining$0
Total Investors56
Non-Accredited InvestorsNone
Minimum Investment$36,450
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)CO
Amendment CountOriginal filing only

Filings on Record

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In the Terminal

Filing events

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none on file

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0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

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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.

Not Applicable Royalty Exchange Inc.

Promoter, Executive Officer · Denver, CO

Matthew Smith

Executive Officer · Denver, CO

Questions About DS Royalties LLC

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

What is DS Royalties LLC?

DS Royalties LLC is a Delaware limited liability company organized in 2018 that filed a Form D with the SEC on November 2, 2018 in the Other industry group. The filing claims Rule 506(c) for an offering of equity. AltStreet links the issuer to Royalty Exchange.

Is DS Royalties LLC legit?

AltStreet does not rate legitimacy; it reports the public record. DS Royalties LLC filed a Form D with the SEC on November 2, 2018 claiming Rule 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $3,371,625 sold to 56 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Royalty Exchange, 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 DS Royalties 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 DS Royalties LLC claimed Rule 506(c) 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 DS Royalties LLC raised?

DS Royalties LLC reported $3,371,625 sold from 56 investors of a $3,371,625 total offering as of the Form D filed November 2, 2018.

Who can invest in DS Royalties LLC?

The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $36,450.

What is the minimum investment in DS Royalties LLC?

The Form D lists $36,450 as the minimum investment accepted from any outside investor as of November 2, 2018. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling DS Royalties 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 DS Royalties LLC?

The Form D lists 2 related persons: Royalty Exchange Inc., promoter, executive officer (Manager of the Issuer); Matthew Smith, executive officer (Chief Executive Officer of the Manager of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is DS Royalties LLC located?

The issuer's address on its SEC filings is 1550 Larimer Street #769, Denver, CO 80202. Its phone number of record is 800-718-2269. It is organized under the laws of Delaware.

How long is the DS Royalties 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.

What is DS Royalties LLC's revenue?

The issuer declined to disclose its revenue 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.