The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM D Notice of Exempt Offering of Securities |
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1. Issuer's Identity
CIK (Filer ID Number) | Previous Names |
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0001494345 |
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Name of Issuer | |||||||||||||||
Forward Ventures, LLC | |||||||||||||||
Jurisdiction of Incorporation/Organization | |||||||||||||||
DELAWARE | |||||||||||||||
Year of Incorporation/Organization | |||||||||||||||
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2. Principal Place of Business and Contact Information
Name of Issuer | |||
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Forward Ventures, LLC | |||
Street Address 1 | Street Address 2 | ||
501 TEHERHAN RO, | GANGNAM-GU | ||
City | State/Province/Country | ZIP/PostalCode | Phone Number of Issuer |
SEOUL | KOREA, REPUBLIC OF | 00000 | 822-6150-6722 |
3. Related Persons
Last Name | First Name | Middle Name |
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Kim | Bom | |
Street Address 1 | Street Address 2 | |
c/o Forward Ventures, LLC | 501 Teheran Ro, Gangnam-gu | |
City | State/Province/Country | ZIP/PostalCode |
Seoul | KOREA, REPUBLIC OF | 00000 |
Relationship: | X | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Mr. Bom Kim is the Manager and member of the Management Committee of the Issuer.Last Name | First Name | Middle Name |
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Song | Richard | |
Street Address 1 | Street Address 2 | |
c/o Forward Ventures, LLC | 501 Teheran Ro, Gangnam-gu | |
City | State/Province/Country | ZIP/PostalCode |
Seoul | KOREA, REPUBLIC OF | 00000 |
Relationship: | X | Executive Officer | Director | Promoter |
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Clarification of Response (if Necessary):
Last Name | First Name | Middle Name |
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Christensen | Matthew | |
Street Address 1 | Street Address 2 | |
Faneuil Square | 4 South Market Building | |
City | State/Province/Country | ZIP/PostalCode |
Boston | MASSACHUSETTS | 02109 |
Relationship: | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Mr. Christensen is a member of the Management Committee of the Issuer.Last Name | First Name | Middle Name |
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Kim | Eric | |
Street Address 1 | Street Address 2 | |
c/o Forward Ventures, LLC | 501 Teheran Ro, Gangnam-gu | |
City | State/Province/Country | ZIP/PostalCode |
Seoul | KOREA, REPUBLIC OF | 00000 |
Relationship: | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Mr. Kim is a member of the Management Committee of the Issuer.Last Name | First Name | Middle Name |
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Mehra | Neil | |
Street Address 1 | Street Address 2 | |
100 Spear Street | ||
City | State/Province/Country | ZIP/PostalCode |
San Francisco | CALIFORNIA | 94105 |
Relationship: | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Mr. Mehta is a member of the Management Committee of the Issuer.Last Name | First Name | Middle Name |
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Sun | Benjamin | |
Street Address 1 | Street Address 2 | |
211 North End Avenue 17E | ||
City | State/Province/Country | ZIP/PostalCode |
New York | NEW YORK | 10282 |
Relationship: | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Mr. Sun is a member of the Management Committee of the Issuer.Last Name | First Name | Middle Name |
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Dai | James | |
Street Address 1 | Street Address 2 | |
c/o Forward Ventures, LLC | 501 Teheran Ro, Gangnam-gu | |
City | State/Province/Country | ZIP/PostalCode |
Seoul | KOREA, REPUBLIC OF | 00000 |
Relationship: | X | Executive Officer | Director | Promoter |
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Clarification of Response (if Necessary):
Last Name | First Name | Middle Name |
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Kim | Marco Bong Sool | |
Street Address 1 | Street Address 2 | |
c/o Forward Ventures, LLC | 501 Teheran Ro, Gangnam-gu | |
City | State/Province/Country | ZIP/PostalCode |
Seoul | KOREA, REPUBLIC OF | 00000 |
Relationship: | X | Executive Officer | Director | Promoter |
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Clarification of Response (if Necessary):
4. Industry Group
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5. Issuer Size
Revenue Range | OR | Aggregate Net Asset Value Range | ||
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No Revenues | No Aggregate Net Asset Value | |||
$1 - $1,000,000 | $1 - $5,000,000 | |||
$1,000,001 - $5,000,000 | $5,000,001 - $25,000,000 | |||
$5,000,001 - $25,000,000 | $25,000,001 - $50,000,000 | |||
$25,000,001 - $100,000,000 | $50,000,001 - $100,000,000 | |||
Over $100,000,000 | Over $100,000,000 | |||
X | Decline to Disclose | Decline to Disclose | ||
Not Applicable | Not Applicable |
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
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Rule 504 (b)(1)(i) | |||
Rule 504 (b)(1)(ii) | |||
Rule 504 (b)(1)(iii) | |||
Rule 505 | |||
X | Rule 506(b) | ||
Rule 506(c) | |||
Securities Act Section 4(a)(5) |
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7. Type of Filing
New Notice | Date of First Sale | 2014-05-21 | First Sale Yet to Occur | ||||||
X | Amendment |
8. Duration of Offering
Does the Issuer intend this offering to last more than one year? |
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9. Type(s) of Securities Offered (select all that apply)
X | Equity | Pooled Investment Fund Interests | |
Debt | Tenant-in-Common Securities | ||
Option, Warrant or Other Right to Acquire Another Security | Mineral Property Securities | ||
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security | Other (describe) | ||
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? |
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Clarification of Response (if Necessary):
11. Minimum Investment
Minimum investment accepted from any outside investor | $0 | USD |
12. Sales Compensation
Recipient |
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Goldman Sachs (Asia) L.L.C. | None | ||||||
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Goldman, Sachs & Co. | 361 | ||||||
Street Address 1 | Street Address 2 | ||||||
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200 West Street | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
New York | NEW YORK | 10282 | |||||
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13. Offering and Sales Amounts
Total Offering Amount | $120,000,000 | USD |
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Total Amount Sold | $120,000,000 | USD | ||||
Total Remaining to be Sold | $0 | USD |
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Clarification of Response (if Necessary):
14. Investors
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering. | |||
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: |
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15. Sales Commissions & Finder's Fees Expenses
Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions | $400,000 | USD |
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Finders' Fees | $0 | USD |
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Clarification of Response (if Necessary):
Fees were paid pursuant to an engagement letter between the Issuer and Goldman Sachs (Asia) L.L.C. dated July 28, 2014.16. 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. If the amount is unknown, provide an estimate and check the box next to the amount.
$0 | USD |
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Clarification of Response (if Necessary):
The proceeds of the offering will be used for general corporate and working capital purposes, including payments of salaries and other compensation to employees, which may include payments to the persons named in Item 3.Signature and Submission
Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.
Terms of Submission
In submitting this notice, each issuer named above is: |
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Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.
Issuer | Signature | Name of Signer | Title | Date |
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Forward Ventures, LLC | /s/ Richard Song | Richard Song | Chief Financial Officer | 2014-08-03 |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.