Matador Note Fund 1 LLC has filed an amendment to its offering statement, revealing a total offering amount of $5 million, with $865,000 already sold. This update is significant as it indicates the company's efforts to attract more investors in a competitive market.

Matador Note Fund 1 LLC is a limited liability company incorporated in Texas, with a focus on the REITS and Finance industry. The company was established in 2023 and is headquartered in Houston, Texas. It operates under the Central Index Key (CIK) number 0002010659 and has recently filed an amendment on November 6, 2026, under the D/A form.

The filing states, "The total offering amount is $5 million, with a total amount sold of $865,000 and a remaining amount of $4,135,000." Additionally, the amendment clarifies that the management fee for the issuer is set at 2% annually on investor capital account balances, which is accrued through November 2026.

This update may affect potential investors and stakeholders in the REITS and Finance industry, as the amendment showcases the company's commitment to securing additional funding. The filing also notes that there are currently eight investors involved, with no non-accredited investors participating.

Details were not available in the SEC filing regarding what happens next, but the company is likely to continue its efforts to attract further investment.