Southeast Idaho Storage 1, LLC has filed an amendment to its previous offering, confirming total sales of $2,453,000. This update reflects the company's ongoing fundraising efforts and operational strategies.

The filing, dated November 4, 2026, indicates that the company has successfully attracted 26 investors, all of whom are accredited. The venture capital fund aims to utilize gross proceeds for organizational and operational expenses.

Background

Southeast Idaho Storage 1, LLC is a limited liability company incorporated in California. It operates as a pooled investment fund, specifically as a venture capital fund. The company has been active in the investment landscape, with its most recent filing being an amendment to its previous offering.

What the Filing Says

The amendment filing states, "total offering amount: $2,453,000" and confirms that this amount has been fully sold. It also notes that the minimum investment accepted was $50,000, with an estimated gross proceeds usage of $76,020 for fund organization and operating expenses.

Impact

This filing may affect the company's current and potential investors, as it provides transparency regarding the fundraising process and how the proceeds will be allocated. The successful completion of the offering indicates strong interest in the company's investment strategy.

What's Next

The filing does not say what happens next.