SEC filing record
Primary Source · SEC.gov

Deep Reef LLC - Series III

Fund Vehicle2026 vintageRule 506(b), Section 3(c), Section 3(c)(7)Filing record

Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.

Latest signalNew Form D filerForm D · 2026-10-15Last filing 2026-10-15

Raised

$5M

Investors

30

Min Invest

None stated

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

Deep Reef LLC - Series III is a Wyoming limited liability company organized in 2026 that filed a Form D with the SEC on October 15, 2026, describing itself as a other investment fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers pooled investment fund interests. Deep Reef LLC - Series III reported $5,000,000 sold from 30 investors of a $5,000,000 total offering as of the Form D filed October 15, 2026. 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)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names Peter Michael Nash (CRD 4209755), associated with 16 Points LLC; Brian Matthew Nash (CRD 4071865), associated with 16 Points LLC as recipients of sales compensation. Sales commissions are reported as $1,313 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 2067 Calle Espana #4, San Juan, PR 00911.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002159606
Entity NameDeep Reef LLC - Series III
ExemptionRule 506(b), Section 3(c), Section 3(c)(7)
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)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationWyoming
Year Organized2026
Issuer Address2067 Calle Espana #4, San Juan, PR 00911
Phone(212) 227-6297
Industry / Fund TypePooled Investment Fund · Other Investment Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypePooled investment fund interests
First Sale DateMay 22, 2026
Filing DateOctober 15, 2026
Accession Number0001636587-26-000091
Total Offering Amount$5,000,000
Total Amount Sold$5,000,000
Amount Remaining$0
Total Investors30
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$1,313 (to Peter Michael Nash and 1 other)
Finders' Fees$0
Proceeds to Related Persons$0
Net Asset Value RangeDecline to Disclose
State (Issuer Address)PR
Amendment CountOriginal filing only
Signed ByPatrick Horsman, Manager

Filings on Record

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

In the Terminal

Filing events

1

latest Oct 15, 2026

Critical / warning

0 / 0

0 watch · 1 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

Latest event New filer · Oct 15, 2026

SEC.gov
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Fund family Part of the Deep Reef family: 2 vehicles across 2 generations; Sibling series of Deep Reef LLC - Series V · full family and the filing behind each link in the terminal

Investor

  • The full fund family and 1 related vehicle (parallel, feeder, successor, sibling series) with the filing that shows each link
  • The dated record: 1 fact with source, effective date and capture date, viewable as AltStreet knew them on any past day
  • 1 filing event with values and deltas, latest 2026-10-15, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

Pro

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Related Persons (Form D)

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

Patrick Horsman

Executive Officer · San Juan, PR

Manager of the Investment Advisor

Russell Gross

Executive Officer · San Juan, PR

Manager of the Investment Advisor

Deep Reef Capital LLC

Promoter · San Juan, PR

Investment Advisor of the Issuer

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

Peter Michael NashCRD 4209755 on BrokerCheck

Associated broker-dealer: 16 Points LLC (CRD 277033) · Vega Alta, PR

Brian Matthew NashCRD 4071865 on BrokerCheck

Associated broker-dealer: 16 Points LLC (CRD 277033) · Vega Alta, PR

Questions About Deep Reef LLC - Series III

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

What is Deep Reef LLC - Series III?

Deep Reef LLC - Series III is a Wyoming limited liability company organized in 2026 that filed a Form D with the SEC on October 15, 2026 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests.

Is Deep Reef LLC - Series III legit?

AltStreet does not rate legitimacy; it reports the public record. Deep Reef LLC - Series III filed a Form D with the SEC on October 15, 2026 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $5,000,000 sold to 30 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. 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 Deep Reef LLC - Series III 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 Deep Reef LLC - Series III claimed Rule 506(b), Section 3(c), Section 3(c)(7) 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 Deep Reef LLC - Series III raised?

Deep Reef LLC - Series III reported $5,000,000 sold from 30 investors of a $5,000,000 total offering as of the Form D filed October 15, 2026.

Who can invest in Deep Reef LLC - Series III?

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)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in Deep Reef LLC - Series III?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling Deep Reef LLC - Series III and how are they paid?

The Form D names Peter Michael Nash (CRD 4209755), associated with 16 Points LLC; Brian Matthew Nash (CRD 4071865), associated with 16 Points LLC as recipients of sales compensation. Sales commissions are reported as $1,313 and finders' fees as $0. Form D allows these to be estimates.

Who is behind Deep Reef LLC - Series III?

The Form D lists 3 related persons: Patrick Horsman, executive officer (Manager of the Investment Advisor); Russell Gross, executive officer (Manager of the Investment Advisor); Deep Reef Capital LLC, promoter (Investment Advisor of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Deep Reef LLC - Series III located?

The issuer's address on its SEC filings is 2067 Calle Espana #4, San Juan, PR 00911. Its phone number of record is 2122276297. It is organized under the laws of Wyoming.

How long is the Deep Reef LLC - Series III 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 Deep Reef LLC - Series III?

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.