Data / Form D filings / Dec 15
Form D filings, December 15, 2025: 70 companies raised $664.1 million
70 operating companies filed a Form D on December 15, 2025, reporting $664.1 million sold. Largest: PNC LIHTC Fund 100, LLC ($175.1 million), Lincoln Life Separate Account BL3, The Lincoln National Life Insurance Co ($100.8 million), PINNACLE WEST CAPITAL CORP ($75.3 million). The median filing is $1.8 million, and 129 pooled investment funds also filed that day.
SpecStream is the live web data engine for teams and agents. It reads every Form D on SEC EDGAR the day it is filed, and this page is that reading. Ask for your own cut (a state, an industry, a size) and new filings arrive in your sheet, CRM, Slack or agent as they land.
- 70Form D filings
- $664.1 millionreported sold
- $1.8 millionmedian amount sold
- CAmost filings (8)
Most filings by state: CA 8, TX 7, CO 5, NY 5, IN 5. By industry: Other 15, Other Technology 11, Commercial 9, Insurance 6.
Every company that filed, largest first
| Company | Industry | City | State | Amount sold | Offering | Investors | Filed | Filing |
|---|---|---|---|---|---|---|---|---|
| PNC LIHTC Fund 100, LLC | Other Real Estate | Portland | OR | $175,118,035 | $175,118,035 | 5 | Dec 15 | sec.gov |
| Lincoln Life Separate Account BL3, The Lincoln National Life Insurance Co | Insurance | Fort Wayne | IN | $100,786,910 | Indefinite | 6 | Dec 15 | sec.gov |
| PINNACLE WEST CAPITAL CORP (amended) | Electric Utilities | Phoenix | AZ | $75,250,000 | Indefinite | 0 | Dec 15 | sec.gov |
| Benevity Enterprise Ltd (amended) | Other | Vancouver | $66,612,310 | Indefinite | 9 | Dec 15 | sec.gov | |
| LINCOLN LIFE SEPARATE ACCOUNT BL1 OF THE LINCOLN NATIONAL LIFE INS. CO | Insurance | Fort Wayne | IN | $37,184,618 | Indefinite | 20 | Dec 15 | sec.gov |
| LIWA AGGREGATOR FUND (DELAWARE) L.P. (amended) | Other Banking and Financial Services | Abu Dhabi | $35,450,000 | Indefinite | 6 | Dec 15 | sec.gov | |
| GT Metabolic Solutions Inc (amended) | Other | Saint Michael | MN | $23,194,538 | $25,428,000 | 201 | Dec 15 | sec.gov |
| Proof Technology, Inc. | Other Technology | Denver | CO | $19,999,967 | $19,999,967 | 7 | Dec 15 | sec.gov |
| Infracost Inc | Other Technology | San Diego | CA | $18,849,980 | $18,849,980 | 12 | Dec 15 | sec.gov |
| 1st American Nuclear Co. | Other Energy | Richland | WA | $10,000,000 | $10,000,000 | 1 | Dec 15 | sec.gov |
| FormX Inc. | Other Technology | Sunnyvale | CA | $9,813,846 | $12,386,906 | 32 | Dec 15 | sec.gov |
| Caregility Corp | Telecommunications | Wall Township | NJ | $7,486,010 | $8,764,711 | 39 | Dec 15 | sec.gov |
| Minerva BI, Inc. | Other Technology | Brooklyn | NY | $7,157,323 | $15,000,000 | 5 | Dec 15 | sec.gov |
| Rocket Lodging, LLC | Commercial | Chattanooga | TN | $7,000,000 | $7,000,000 | 7 | Dec 15 | sec.gov |
| NEEYAH FUND I LLC (amended) | Investing | Irvine | CA | $6,755,797 | Indefinite | 97 | Dec 15 | sec.gov |
| Ooltewah Lodging, LLC | Commercial | Chattanooga | TN | $6,650,000 | $6,650,000 | 22 | Dec 15 | sec.gov |
| Harpoon Holdings, L.P. | Insurance | Washington | DC | $6,350,000 | $6,350,000 | 3 | Dec 15 | sec.gov |
| Arc Capital Fund LLC (amended) | Other | Brookfield | WI | $6,108,000 | $12,500,000 | 33 | Dec 15 | sec.gov |
| Prevail Seville Plaza, LLC | Commercial | Leawood | KS | $5,300,000 | $5,300,000 | 53 | Dec 15 | sec.gov |
| Lincoln Life Separate Account BLM, The Lincoln National Life Insurance Co | Insurance | Fort Wayne | IN | $4,516,079 | Indefinite | 9 | Dec 15 | sec.gov |
| OpenLogx, Inc. | Business Services | Cincinnati | OH | $4,500,000 | $5,000,000 | 15 | Dec 15 | sec.gov |
| NEEYAH FUND I LLC (amended) | Investing | Irvine | CA | $4,345,000 | Indefinite | 95 | Dec 15 | sec.gov |
| URP Opportunity Fund, LLC (amended) | Investing | Troy | NY | $3,400,000 | $100,000,000 | 15 | Dec 15 | sec.gov |
| Norwalk Outdoors, LLC (amended) | Commercial | Scottsdale | AZ | $3,277,000 | $3,500,000 | 38 | Dec 15 | sec.gov |
| Novac Lending LLC | REITS and Finance | St. George | UT | $2,525,000 | $5,000,000 | 3 | Dec 15 | sec.gov |
| Maris Tech Ltd. | Other Technology | Rehovot | $2,000,000 | $2,000,000 | 2 | Dec 15 | sec.gov | |
| Genabot, Inc. | Other Technology | Cupertino | CA | $2,000,000 | $2,000,000 | 4 | Dec 15 | sec.gov |
| Witman Properties, Inc. | Commercial | Holyoke | MA | $1,502,025 | $1,502,025 | 5 | Dec 15 | sec.gov |
| PRP Bakken I-H LP | Oil and Gas | Sidney | MT | $1,465,000 | $20,000,000 | 13 | Dec 15 | sec.gov |
| All American Realty Holdings II LLC (amended) | Commercial | Woodland Hills | CA | $1,189,300 | Indefinite | 2 | Dec 15 | sec.gov |
| Red Planet I, a series of Wefunds LLC | Other | Henderson | NV | $1,052,000 | Indefinite | 73 | Dec 15 | sec.gov |
| EREBOR A SERIES OF VUVP FUND LLC (amended) | Other | Austin | TX | $801,705 | $801,705 | 29 | Dec 15 | sec.gov |
| Tutis Group, Inc. | Business Services | Dallas | TX | $757,000 | $5,000,000 | 12 | Dec 15 | sec.gov |
| Kirkland Lake Discoveries Corp. | Other | Vancouver | $730,884 | $1,315,592 | 8 | Dec 15 | sec.gov | |
| Campus Comforts Inc | Retailing | Dover | DE | $602,500 | $602,500 | 10 | Dec 15 | sec.gov |
| Pomp Beauty, Inc. | Other | Denver | CO | $583,614 | $1,156,288 | 14 | Dec 15 | sec.gov |
| USEDC 2025 Drilling Fund 2 LP (amended) | Oil and Gas | Arlington | TX | $550,000 | $250,000,000 | 0 | Dec 15 | sec.gov |
| Novilytic, LLC | Biotechnology | West Lafayette | IN | $530,800 | $1,000,000 | 8 | Dec 15 | sec.gov |
| U.S. Property Development - Springfield DST (amended) | Commercial | Arlington | TX | $529,100 | $13,212,143 | 0 | Dec 15 | sec.gov |
| Caliber Opportunistic Growth Fund LLC (amended) | Other Real Estate | Scottsdale | AZ | $520,000 | $250,000,000 | 7 | Dec 15 | sec.gov |
| Multikor.ai, Inc. | Other Technology | Charlestown | MA | $500,000 | $500,000 | 1 | Dec 15 | sec.gov |
| Intrepid Metals Corp. | Other | Vancouver | $363,545 | $363,545 | 1 | Dec 15 | sec.gov | |
| Humanoid QP I, a series of Wefunds LLC | Other | Henderson | NV | $135,620 | Indefinite | 12 | Dec 15 | sec.gov |
| USEDC 2025 Drilling Fund 2 LP (amended) | Oil and Gas | Arlington | TX | $126,882 | $250,000,000 | 0 | Dec 15 | sec.gov |
| Fxcare Ltd | Other Banking and Financial Services | Broomfield | CO | $100,000 | Indefinite | 0 | Dec 15 | sec.gov |
| Modern Mining Technology Corp. | Other | Vancouver | $85,000 | $3,000,000 | 7 | Dec 15 | sec.gov | |
| CAB 290 Coles SubREIT LLC | REITS and Finance | Boston | MA | $74,000 | $125,000 | 74 | Dec 15 | sec.gov |
| FIVF IV (REIT), LLC | REITS and Finance | Hoboken | NJ | $74,000 | $125,000 | 74 | Dec 15 | sec.gov |
| Perca, Inc. (amended) | Other | Walla Walla | WA | $68,000 | $500,000 | 3 | Dec 15 | sec.gov |
| Going Bacharach LLC | Other | New York | NY | $67,500 | $800,000 | 2 | Dec 15 | sec.gov |
| Griffin Capital Development Partners Fund III, L.P. (amended) | Other Real Estate | El Segundo | CA | $51,870 | $100,000,000 | 2 | Dec 15 | sec.gov |
| BullMentor Inc. | Other Technology | New York | NY | $7,500 | $400,000 | 1 | Dec 15 | sec.gov |
| MySALT AI Inc. | Other Technology | Novi | MI | $2,300 | Indefinite | 1 | Dec 15 | sec.gov |
| Starlo Ventures Ltd. | Other | Vancouver | $1,594 | $3,188 | 1 | Dec 15 | sec.gov | |
| Ascend Investment Fund, LLC | Commercial | Austin | TX | $0 | $50,000,000 | 0 | Dec 15 | sec.gov |
| Bourbon: America's Spirit LLC | Other | Lake Mary | FL | $0 | $1,000,000 | 0 | Dec 15 | sec.gov |
| Sha Media Group Ltd | Investing | Denver | CO | $0 | $100,000,000 | 0 | Dec 15 | sec.gov |
| Dolphin Exchange Ltd | Investing | Denver | CO | $0 | $100,000,000 | 0 | Dec 15 | sec.gov |
| Chariot Capital II, LP | Insurance | Hamilton | $0 | Indefinite | 0 | Dec 15 | sec.gov | |
| Red Horn Alpha Fund, LLC | Residential | Hackensack | NJ | $0 | $50,000,000 | 0 | Dec 15 | sec.gov |
| Hualu International Ltd | Business Services | Hong Kong | $0 | $5,000,000 | 0 | Dec 15 | sec.gov | |
| HREX 9, DST | Other Real Estate | Houston | TX | $0 | $618,397,358 | 0 | Dec 15 | sec.gov |
| Vault Storage 3 LLC | Commercial | Noblesville | IN | $0 | $6,000,000 | 0 | Dec 15 | sec.gov |
| Sharpvue, Inc. | Other Technology | Chapin | SC | $0 | $3,900,000 | 0 | Dec 15 | sec.gov |
| ONE SOURCE MULTINATIONAL & EQUITY CAPITAL FUND LTD. LIABILITY CO. | Other Banking and Financial Services | Sheridan, | WY | $0 | Indefinite | 0 | Dec 15 | sec.gov |
| ONE SOURCE MULTINATIONAL & EQUITY CAPITAL FUND LTD. LIABILITY CO. | Other Banking and Financial Services | Sheridan, | WY | $0 | Indefinite | 0 | Dec 15 | sec.gov |
| Shot Glass List Limited Partnership | Other | New York | NY | $0 | $5,000,000 | 0 | Dec 15 | sec.gov |
| Chariot Holding Company, LP | Insurance | Hamilton | $0 | Indefinite | 0 | Dec 15 | sec.gov | |
| Midland Portfolio APA Investor LLC | Other Real Estate | Baltimore | MD | $0 | Indefinite | 0 | Dec 15 | sec.gov |
| PatientFi, Inc. | Other Technology | Irvine | CA | $0 | $3,857,126 | 1 | Dec 15 | sec.gov |
December 16, 2025 · December 12, 2025 · The whole week · All Form D filings
Read from SEC EDGAR. Amount sold is what the company reported on the day it filed; on an offering that is still open, a later amendment can raise it. Free to reuse with credit to SpecStream under CC BY 4.0.