OAII 0926 a Series of CGF2026 LLC has successfully completed a private offering, raising a total of $165,000. This event is significant as it reflects a growing trend in private investment offerings, particularly within the venture capital sector.
The company, incorporated in Delaware, is categorized as a pooled investment fund. According to the recent SEC filing, the offering was conducted under Rule 506(b), which provides a safe harbor for private offerings.
In the filing dated October 23, 2026, it was noted that the total amount sold matched the total offering amount, indicating that the offering was fully subscribed. The filing stated, "This amount represents a cost to cover fund organizational and operating expenses," highlighting the intended use of proceeds.
The company reported that it has five investors and does not have any non-accredited investors involved in this offering. The absence of sales commissions or finders' fees suggests a straightforward approach to this fundraising effort.
Mitchell Harounian, the manager of OAII 0926 a Series of CGF2026 LLC, signed the filing, indicating his direct involvement in the management of the offering.
This development may affect other firms in the pooled investment fund industry, as they may consider similar funding strategies to support their operational needs. The filing does not specify what the next steps will be for OAII 0926 a Series of CGF2026 LLC following this offering.