K&M 3 LLC has taken a significant step by filing a new offering under Rule 504, aiming to raise up to $5 million from accredited investors. This move is particularly relevant as it showcases the company's strategy to secure funding in a competitive real estate market.

The company, incorporated in California, operates under the SIC code for Other Real Estate. Its recent filing on November 4, 2026, indicates a proactive approach to capital acquisition, especially given its reported lack of revenues.

Background

K&M 3 LLC is a limited liability company based in San Diego, California, with a filing history that includes its recent Form D submission. The company is identified by its Central Index Key (CIK) number 0002163693. It was established in 2024 and has not previously changed its name.

What the Filing Says

The SEC filing reveals that K&M 3 LLC has already raised $4.125 million from 12 investors. The total offering amount is described as indefinite, with a minimum investment accepted set at zero, allowing flexibility for potential investors. The filing states, "Section 4(A)(5) exempts sales of securities to accredited investors when the total offering is less than $5,000,000." This indicates that the company is leveraging specific exemptions to facilitate its fundraising efforts.

Impact

This offering may significantly impact K&M 3 LLC's ability to fund its operations and growth initiatives. With no revenues reported, the funds raised could be crucial for the company's development plans. The move also highlights a broader trend in the real estate industry, where companies are increasingly turning to private placements to attract capital without incurring high costs.

What's Next

The filing does not say what happens next. However, the successful completion of this offering could pave the way for future investments and expansion opportunities for K&M 3 LLC.