N-Scope Final Ascent LLC has successfully completed a private offering, raising a total of $6,836,830. This significant capital influx is particularly important as it underscores the company's growth potential and the increasing interest in venture capital investments.
Founded in 2026, N-Scope Final Ascent LLC is based in Keller, Texas, and operates as a limited liability company. The company is classified under the Pooled Investment Fund industry group, specifically focusing on venture capital funds. The recent filing, dated October 20, 2026, indicates that the company has successfully sold the entire amount of its offering.
What the Filing Says
The filing states, "The total offering amount is $6,836,830, and the total amount sold is $6,836,830, with no remaining balance." This successful capital raise reflects the company’s ability to attract investors, with a total of 130 investors participating in the offering.
Impact
This funding may impact various stakeholders, including the company's management, investors, and potential partners. The filing indicates that N-Scope Final Ascent LLC does not have any non-accredited investors, which suggests that all participating investors meet the criteria for accredited status.
What's Next
The filing does not say what happens next.
Company Structure and Management
N-Scope Final Ascent LLC is managed by Tony Phansana, who serves as the Manager of the Managing Member of the Issuer. The company is structured as a limited liability company and is incorporated in Delaware, reflecting a common choice for investment firms due to favorable business laws.
Offering Details
The filing indicates that the offering was conducted under Rule 506(b) of Regulation D, which provides a safe harbor for private offerings. This regulation allows the company to raise capital from accredited investors without having to register the offering with the SEC. Furthermore, the company has confirmed that it does not have any non-accredited investors participating in this offering.
Use of Proceeds
While the filing does not specify exact plans for the use of proceeds, it mentions that the issuer may charge management fees and provide for carried interest and expense allocations to the Managing Member or its affiliates. This suggests that the funds raised may be utilized to support the operational and management costs associated with the venture capital fund.
Financial Disclosure
The filing indicates that N-Scope Final Ascent LLC has chosen to decline to disclose its revenue range, which is a common practice for private companies. This lack of disclosure may reflect the company's strategic decision to maintain privacy regarding its financial performance.
Investor Participation
With a total of 130 investors participating in the offering, N-Scope Final Ascent LLC has demonstrated a strong interest from the investment community. The minimum investment accepted was set at $0, which may have facilitated broader participation among accredited investors.