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EDGAR Verified
Primary Source · SEC.gov

Acretrader 197, LLC

CIK 0001928995Single-Deal SPV2022 vintage506(c)
AcreTraderFull Review

Raised

$612K

Investors

32

Min Invest

$11,240

AltStreet Analysis

·

Generated from EDGAR primary sources

Acretrader 197, LLC is a single-property farmland SPV filed by Stephen Malloy and Mary Alexander, raising $612K from 32 investors under Rule 506(c). The offering has an $11K minimum investment and is part of AcreTrader's platform, which operates 138+ EDGAR-registered farmland entities. This is an original filing with equity securities issued.

This offering falls within the typical range for AcreTrader farmland SPVs, which generally raise between $250K and $5M per property. The $11K minimum investment reflects the platform's fractional farmland model, enabling retail accredited investors to participate in institutional-quality agricultural real estate. The 506(c) exemption is standard for this sponsor's publicly advertised offerings.

Data Flags

Sales CommissionsNo sales commissions disclosed on a 506(c) offering that raised $612K from 32 investors, suggesting direct platform distribution without broker-dealer involvement
First Sale DateFirst sale date not disclosed despite $612K already raised, preventing determination of vintage year and raise velocity
Average Check SizeAverage investment of approximately $19K per investor is close to the $11K minimum, indicating concentration at the lower end of the investment threshold

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001928995
Entity NameAcretrader 197, LLC
Exemption506(c)
First Sale Date—
Filing DateMay 23, 2022
Accession Number0001928995-22-000001
Total Amount Sold$612K
Total Investors32
Minimum Investment$11,240
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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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. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.