Form D
View Original Filing
Notice of Exempt Offering of Securities
Item 1. Issuer's Identity
Name of Issuer:
SPRUILL SALLAHDEEN SPRUILL
Jurisdiction of Incorporation/Organization
Year of Incorporation/Organization
Yet to be Formed
Entity Type
GENERAL PARTNERSHIP
Item 2 Issuer Principal Place of Business and Contact Information
C/O 740 SE GREENVILLE BLVD.,
STE 315
GREENVILLE, NC 27858
Phone Number:
subscription required
Item 3. Related Persons
Name
JOHN F REMONDI
Address
subscription required
Relationship(s)
- EXECUTIVE OFFICER
- DIRECTOR
Clarification of Response
JHON F. REMONDI IS THE CHEIF EXECUTIVE OFFICER FOR NAVIENT CORP.
Item 4. Industry Group
POOLED INVESTMENT FUND
- VENTURE CAPITAL FUND
Item 5. Issuer Size
Revenue Range (for issuer not specifying "hedge" or "other investment" fund in Item 4 above)
OVER $100,000,000
Item 6. Federal Exemptions and Exclusions Claimed
Item 7. Type of Filing
New Notice
Date of First Sale in this Offering:
01/27/2012
Item 8. Duration of Offering
Does the issuer intend this offering to last more than one year?
Yes
Item 9. Type(s) of Securities Offered
- Debt
- Option, Warrant or Other Right to Acquire Another Security
- Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security
- Pooled Investment Fund Interests
- Tenant-in-Common Securities
Item 10. Business Combination Transaction
Is this offering being made in connection with a business combination
transaction, such as a merger, acquisition or exchange offer?
No
Clarification of Response
BENEFICIAL OWNER/ISSUER
Item 11. Minimum Investment
Minimum Investment accepted from any outside investor
5000000
Item 12. Sales Compensation
Recipient
NAVIENT CORP.
Recipient CRD Number
NONE
(Associated) Broker or Dealer)
J.P. MORGAN SECURITIES LLC
(Associated) Broker or Dealer CRD Number
79
Address
270 PARK AVENUE
FLOOR 41,42,43,45,48
NEW YORK, NY 10007
States of Solicitation
Item 13. Offering and Sales Amounts
Total Offering Amount
INDEFINITE
Total Amount Sold
1000000000
Total Remaining to be Sold
INDEFINITE
Clarification of Response
SECURITIES TO BE ACQUIRED UPON THE EXERCISE OR EXCHANGE OF THE SECURITIES OR PROPERTY AND THE EXERCISE PRICE OR EXERCISE OR EXCHANGE VALUE IS NOT CURRENTLY KNOWN.
Item 14. Investors
Securities in the offering have been or may be sold to persons
who do not qualify as accredited investors,
Number of non-accredited investors who already have invested in the offering:
Total number of investors who already have invested in the offering:
7
Item 15. Sales Commissions and Finders' Fees Expenses
Sales Commissions:
600000000.0 Is an estimate
Finders' Fees
350000000.0
Clarification of Response
TOTAL VALUE OF CUSIP=$1,000,000,000. TWO ISSUES UNDER THE SAME CUSIP FOR THE SAME DATE. $750,000,000 AND $350,000,000. 60% COMMISSION AND 35% CONCESSION
Item 16. Use of Proceeds
Provide the amount of the gross proceeds of the offering
that has been or is proposed to be used for payments to any of the persons required
to be named as executive officers,directors or promoters in response to Item 3 above.
2000000.0 Is an estimate
Clarification of Response
UPON ACQUISTION OF SECURITIES $3,000,0000 COMMON STOCK $2,000,000 CASH TRANSFER.
Signature and Submission
Issuer Name
SPRUILL SALLAHDEEN SPRUILL
Issuer Signature
SALLAHDEEN SPRUILL
Signer Name
SALLAHDEEN SPRUILL
Signer Title
OWNER
Signature Date
11/17/2017