SEC filing record
Primary Source · SEC.gov

Film Number 1, LLC

Single-Deal SPV2026 vintageRule 504
Latest signalNew Form D filerForm D · 2026-11-09Last filing 2026-11-09

Raised

$75K

Investors

10

Min Invest

None stated

AltStreet Verified Issuer badge

Is this your company or fund? Claim this page free, or verify it and carry the Verified Issuer mark.

AltStreet Analysis

·

Generated from EDGAR primary sources

Film Number 1, LLC is a Texas-domiciled entity that filed a Form D on 2026-11-09 under the Rule 504 exemption, reporting $75,000 raised from 10 investors in an equity offering. Joe Newcomb is listed as the related executive officer; no minimum investment amount is disclosed on the filing, and the entity does not appear tied to any known parent platform or sibling fund family.

This filing sits at the small end of the alternative_investment spectrum, using Rule 504 — an exemption typically reserved for very small, non-reporting offerings (historically capped well below the $10M threshold used by larger private placements). A $75K raise across 10 investors implies an average check size of roughly $7,500, consistent with a small, closely-held SPV rather than an institutional fund structure.

Data Flags

firstSaleDateFirst sale date is not disclosed despite a sub-$100M raise already reporting $75K sold across 10 investors; this is a pre-open/undated filing pattern worth noting rather than a standard institutional omission.
industryGroupIndustry group is not specified on the filing, limiting sector classification despite the entity name suggesting a film/media-related offering.
totalInvestorsAverage check size (~$7,500 across 10 investors) is very small, consistent with a micro-offering rather than typical accredited-investor minimums.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002163700
Entity NameFilm Number 1, LLC
ExemptionRule 504
What the exemption meansRule 504 of Regulation D: an offering of up to $10 million in any 12-month period.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationTexas
Year Organized2025
Issuer Address6700 Woodlands Parkway, Suite 230-468, The Woodlands, TX 77382
Phone(832) 798-6007
Industry / Fund TypeOther
Securities TypeEquity
First Sale Date—
Filing DateNovember 9, 2026
Accession Number0002163700-26-000001
Total Offering Amount$75,000
Total Amount Sold$75,000
Amount Remaining$0
Total Investors10
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Proceeds to Related Persons$0
Revenue Range$1 - $1,000,000
State (Issuer Address)TX
Amendment CountOriginal filing only
Signed ByJOSE L. MARTINEZ, BY POA FROM JOE NEWCOMB CEO OF TRUTH ENTERTAINMENT MNG MBR

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 Nov 9, 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 · Nov 9, 2026

SEC.gov
Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.

Investor

  • 1 filing event with values and deltas, latest 2026-11-09, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

Pro

  • This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
  • The same events, statements and NAV moves across every issuer, screenable, with unlimited watches and CSV

Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…

Related Persons (Form D)

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

JOE NEWCOMB

Executive Officer · THE WOODLANDS, TX

Questions About Film Number 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 Film Number 1, LLC?

Film Number 1, LLC is a Texas limited liability company organized in 2025 that filed a Form D with the SEC on November 9, 2026 in the Other industry group. The filing claims Rule 504 for an offering of equity.

Is Film Number 1, LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Film Number 1, LLC filed a Form D with the SEC on November 9, 2026 claiming Rule 504. A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $75,000 sold to 10 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 Film Number 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 Film Number 1, LLC claimed Rule 504 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 Film Number 1, LLC raised?

Film Number 1, LLC reported $75,000 sold from 10 investors of a $75,000 total offering as of the Form D filed November 9, 2026.

Who can invest in Film Number 1, LLC?

The offering relies on Rule 504, which caps the offering at $10 million in a 12-month period. 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 Film Number 1, LLC?

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 Film Number 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 Film Number 1, LLC?

The Form D lists 1 related person: JOE DEAN NEWCOMB, executive officer (CEO OF TRUTH ENTERTAINMENT, MANAGING MEMBER). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Film Number 1, LLC located?

The issuer's address on its SEC filings is 6700 Woodlands Parkway, Suite 230-468, The Woodlands, TX 77382. Its phone number of record is (832) 798-6007. It is organized under the laws of Texas.

How long is the Film Number 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.

What is Film Number 1, LLC's revenue?

The Form D reports a revenue range of $1 - $1,000,000.

AltStreet Verified Issuer badge

Is this your company or fund?

Free claim: add your contact details, website, team and a description to this page. The filed facts stay as filed.

Verified Issuer, $480 a year: AltStreet checks the identity of your company and the authority of the person claiming it against your filings, confirms your contact details on a stated date and again at each renewal, and marks the page so people researching you find a current, attributed profile beside the public filing record. It is not a review of any offering.

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.