Farewell by Play Money a Series of Clutch Capital LLC has recently filed a new offering under Rule 506(b) of the Securities Act, aiming to raise a total of $250,000. This filing is significant as it marks the company's entry into the venture capital space, positioning itself to attract potential investors.
The company, incorporated in Delaware, is categorized as a Limited Liability Company. According to the SEC filing, it has no revenues at this time, which is not uncommon for new venture capital firms as they seek to build their investment portfolios.
Background
Farewell by Play Money a Series of Clutch Capital LLC is a newly established entity, with its filing dated October 21, 2026. The company’s business address is located at 8 The Green Ste A, Dover, Delaware. The firm is classified under the investment fund industry, specifically focusing on pooled investment funds.
What the Filing Says
The filing indicates that the company plans to utilize Rule 506(b), which provides a "safer harbor" for private offerings. The total offering amount is set at $250,000, with no amount sold yet. The minimum investment accepted is $1,000, making it accessible for a range of investors.
Impact
This filing may affect potential investors who are looking for opportunities in the venture capital sector. Additionally, it could influence other firms in the industry as they assess their own fundraising strategies in light of Farewell by Play Money's approach.
What's Next
The filing does not say what happens next, leaving the timeline for the offering and its potential outcomes open-ended.