EFDID: 340711EFD: Raw Data

Issuer: BRIDGE LINE VENTURES, LLC (0001707309) - D/A

Accession: 0000932440-20-000034 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Jun. 8, 2020
EFD Posted: Jun. 8, 2020
- < edgarSubmission >
  < schemaVersion > X0708 </ schemaVersion >
  < submissionType > D/A </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001707309 </ cik >
  < entityName > BRIDGE LINE VENTURES, LLC </ entityName >
- < issuerAddress >
  < street1 > C/O NEWBRIDGE SECURITIES CORPORATION </ street1 >
  < street2 > 1200 N. FEDERAL HIGHWAY, SUITE 400 </ street2 >
  < city > BOCA RATON </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 33432 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 561-395-1220 </ issuerPhoneNumber >
  < jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Liability Company </ entityType >
- < yearOfInc >
  < withinFiveYears > true </ withinFiveYears >
  < value > 2017 </ value >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Leonard </ firstName >
  < middleName > J. </ middleName >
  < lastName > Sokolow </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Newbridge Securities Corporation </ street1 >
  < street2 > 1200 N. Federal Highway, Suite 400 </ street2 >
  < city > Boca Raton </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 33432 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Chairman and CEO of Bridge Line Advisors LLC, Manager of the Issuer. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Robert </ firstName >
  < middleName > G. </ middleName >
  < lastName > Abrams </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Newbridge Securities Corporation </ street1 >
  < street2 > 1200 N. Federal Highway, Suite 400 </ street2 >
  < city > Boca Raton </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 33432 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Chief Compliance Officer and General Counsel Officer of Bridge Line Advisors LLC, Manager of the Issuer. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Alan </ firstName >
  < middleName > B. </ middleName >
  < lastName > Levin </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Newbridge Securities Corporation </ street1 >
  < street2 > 1200 N. Federal Highway, Suite 400 </ street2 >
  < city > Boca Raton </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 33432 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Chief Financial Officer of Bridge Line Advisors LLC, Manager of the Issuer. </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Pooled Investment Fund </ industryGroupType >
- < investmentFundInfo >
  < investmentFundType > Venture Capital Fund </ investmentFundType >
  < is40Act > false </ is40Act >
  </ investmentFundInfo >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > true </ isAmendment >
  < previousAccessionNumber > 0000932440-20-000028 </ previousAccessionNumber >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2020-05-14 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > true </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  < isPooledInvestmentFundType > true </ isPooledInvestmentFundType >
  < isOtherType > true </ isOtherType >
  < descriptionOfOtherType > Series T-5 LLC Interests </ descriptionOfOtherType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 28000 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Robert Raab </ recipientName >
  < recipientCRDNumber > 832584 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 9294 LEGARE STREET </ street1 >
  < city > BOCA RATON </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 33434 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CT </ state >
  < description > CONNECTICUT </ description >
  < state > FL </ state >
  < description > FLORIDA </ description >
  < state > WA </ state >
  < description > WASHINGTON </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Robert Bodnar </ recipientName >
  < recipientCRDNumber > 2627355 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 31 VINEYARD WAY </ street1 >
  < city > MOUNT SINAI </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 11766 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NJ </ state >
  < description > NEW JERSEY </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > William Lapiana </ recipientName >
  < recipientCRDNumber > 4580411 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 1500 WASHINGTON STREET </ street1 >
  < street2 > APT. 7E </ street2 >
  < city > HOBOKEN </ city >
  < stateOrCountry > NJ </ stateOrCountry >
  < stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >
  < zipCode > 07030 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  < state > CT </ state >
  < description > CONNECTICUT </ description >
  < state > IL </ state >
  < description > ILLINOIS </ description >
  < state > NJ </ state >
  < description > NEW JERSEY </ description >
  < state > NY </ state >
  < description > NEW YORK </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > John Egan </ recipientName >
  < recipientCRDNumber > 818750 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 7536 NW 21ST STREET </ street1 >
  < city > MARGATE </ city >
  < stateOrCountry > FL </ stateOrCountry >
  < stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >
  < zipCode > 33063 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > IN </ state >
  < description > INDIANA </ description >
  < state > MI </ state >
  < description > MICHIGAN </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Richard Benedetti </ recipientName >
  < recipientCRDNumber > 4779697 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 195-05 45 AVENUE </ street1 >
  < city > FLUSHING </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 11358 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > MN </ state >
  < description > MINNESOTA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Betsy Whipple </ recipientName >
  < recipientCRDNumber > 2703262 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 1713 RIVER RANCH ROAD </ street1 >
  < city > HIKO </ city >
  < stateOrCountry > NV </ stateOrCountry >
  < stateOrCountryDescription > NEVADA </ stateOrCountryDescription >
  < zipCode > 89017 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 100000000 </ totalOfferingAmount >
  < totalAmountSold > 952000 </ totalAmountSold >
  < totalRemaining > 99048000 </ totalRemaining >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 21 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 102000 </ dollarAmount >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > A one time management fee is paid to the Manager of the Issuer equal to 2% of the total capital contributions. The Manager shall pay Newbridge Securities Corporation fees equaling 10% as follows: 6% selling commission and 4% placement agent fee. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse />
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > BRIDGE LINE VENTURES, LLC </ issuerName >
  < signatureName > /s/ Leonard J. Sokolow </ signatureName >
  < nameOfSigner > Leonard J. Sokolow </ nameOfSigner >
  < signatureTitle > Chairman and CEO of Manager </ signatureTitle >
  < signatureDate > 2020-06-08 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Jun. 8, 2020
EFD Posted: Jun. 8, 2020