EFDID: 315112EFD: Raw Data

Issuer: iCap Equity, LLC (0001722628) - D

Accession: 0001493152-19-009609 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Jun. 24, 2019
EFD Posted: Jun. 24, 2019
- < edgarSubmission >
  < schemaVersion > X0708 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001722628 </ cik >
  < entityName > iCap Equity, LLC </ entityName >
- < issuerAddress >
  < street1 > 3535 FACTORIA BLVD. SE </ street1 >
  < street2 > SUITE 500 </ street2 >
  < city > BELLEVUE </ city >
  < stateOrCountry > WA </ stateOrCountry >
  < stateOrCountryDescription > WASHINGTON </ stateOrCountryDescription >
  < zipCode > 98006 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 425-278-9030 </ issuerPhoneNumber >
  < jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Liability Company </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Chris </ firstName >
  < lastName > Christensen </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 3535 Factoria Blvd. SE </ street1 >
  < street2 > Suite 500 </ street2 >
  < city > Bellevue </ city >
  < stateOrCountry > WA </ stateOrCountry >
  < stateOrCountryDescription > WASHINGTON </ stateOrCountryDescription >
  < zipCode > 98006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > President of iCap Enterprises, Inc., Sole Member and Manager of Issuer </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Other Real Estate </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2019-05-28 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isDebtType > true </ isDebtType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 50000 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Kingsbury Capital, Inc. </ recipientName >
  < recipientCRDNumber > 7638 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 1560 SHERMAN AVE, </ street1 >
  < street2 > SUITE 510 </ street2 >
  < city > EVANSTON </ city >
  < stateOrCountry > IL </ stateOrCountry >
  < stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >
  < zipCode > 60201 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  < state > FL </ state >
  < description > FLORIDA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 10000000 </ totalOfferingAmount >
  < totalAmountSold > 450000 </ totalAmountSold >
  < totalRemaining > 9550000 </ totalRemaining >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 3 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 800000 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse />
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse />
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > iCap Equity, LLC </ issuerName >
  < signatureName > /s/ Chris Christensen </ signatureName >
  < nameOfSigner > Chris Christensen </ nameOfSigner >
  < signatureTitle > Pres., iCap Enterprises, Inc., Member and Manager of Issuer </ signatureTitle >
  < signatureDate > 2019-06-24 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Jun. 24, 2019
EFD Posted: Jun. 24, 2019