CivicPlus Holdings, LLC’s amended exempt-offering record lists 112487630 as the amount sold in a profits-interest unit offering. The securities are intended to qualify as profits interests for U.S. tax purposes, giving recipients a pro rata portion of appreciation in CivicPlus Holdings’ value above the value on the grant date, with no tax value at issuance.
Key Highlights
- Profits-interest recipients are intended to receive a pro rata share of appreciation above the grant-date value.
- The amendment dated 28 August 2026 names Brian Rempe, Eric Doan and Amy Vikander in executive roles.
- The first sale and first grant date is recorded as 16 July 2021.
CivicPlus Holdings, LLC’s amended exempt-offering record lists 112,487,630 as the stated total amount sold in a profits-interest unit offering and clarifies that the figure is a per-unit amount.
Offering Record Names Executives and Issuer Details
An amendment dated 28 August 2026 identifies CivicPlus Holdings, LLC as the issuer and lists Patti's Partnership, LLC as a Limited Liability company. Amy Vikander is listed as executive officer and secretary. CivicPlus Holdings, LLC gives its address as 302 South 4th Street, Suite 500, Manhattan, Kansas 66,502, and identifies Delaware as its jurisdiction.
Profits Interests Focus on Appreciation Above Grant Value
The first sale date is 16 July 2021, which the record also describes as the date of the first grant. Recipients are intended to receive a pro rata portion of appreciation above the value on that grant date, while the profits-interest units are described as having no value for U.S. tax purposes when granted.
FAQs
Q: What amount did CivicPlus Holdings sell in its profits-interest offering?
A: The amended record lists 112,487,630 as the total amount sold for the profits-interest unit offering. The filing clarifies that this is the per-unit amount to be distributed to existing equity holders before the offered securities could receive distributions.
Q: What do the stated terms say about recipients?
A: The stated terms link recipients to a pro rata portion of value appreciation above the grant-date value. The units are described as having no U.S. tax value when granted.
Q: When did CivicPlus Holdings make the first sale?
A: CivicPlus Holdings, LLC records 16 July 2021 as the first sale date and says it was also the date of the first grant. The amendment is dated 28 August 2026.
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