Did You Lose Money on Aegis Special Situations Funds?
Kurta Law is investigating broker recommendations of Aegis Special Situations Funds.
Aegis Capital Corp appears to be continuing its pattern of offering risky investments with its latest series of Special Situations Funds. So far, Aegis reports that these funds have raised approximately $350 million.
If you lost money on any of the Funds listed below, contact Kurta Law for a free case evaluation. Call (877) 600-0098 or email info@kurtalawfirm.com.
High-Risk Investments
Aegis formed the following limited liability corporations for the purpose of “making and managing investments in mid- or late-stage pre-IPO technology and services companies”:
- Aegis Special Situations Fund LL
- Aegis Special Situations Fund II
- Aegis Special Situations QP Fund
The funds intend to purchase securities from issuer shareholders. They may purchase directly from shareholders or invest in direct private placement transactions.
- “Pre-IPO” refers to pre-Initial Public Offering securities, i.e. stocks that are not yet offered on the public stock exchange.
- These are Regulation D offerings, meaning they do not have to register with the Securities and Exchange Commission.
Companies that register with the SEC must disclose information about the company’s finances, as well as the risks associated with this type of investment. This lack of information contributes to the high-risk nature of these investments.
What Can I Do If I Lost Money?
Brokers have a duty to recommend investments that suit their investor’s risk profile. Regulation Best Interest also requires that brokerage firms perform their due diligence and assess risk to investors before approving a security for recommendation to customers. If you believe your financial professional recommended an investment that was not suitable for your risk tolerance, contact an experienced investment fraud lawyer today.
Call (877) 600-0098 or email info@kurtalawfirm.com.
AEGIS FUND NAME |
TOTAL AMOUNT RAISED |
Aegis Special Situations QP Fund LLC – Series MedTech IV (Acquyre Biosciences. Inc. |
$4.8 million |
Aegis Special Situations Fund, LLC- Series Medtech V (Cordio Medical Ltd.) |
$11.6 million |
Aegis Special Situations Fund, LLC- Series Medtech VI (Pristine Surgical LLC) |
$11.1 million |
Aegis Special Situations QP Fund, LLC- Series Medtech VI (Pristine Surgical) |
$4.2 million |
Aegis Special Situations Fund, LLC- Series Medtech VII (Orchestra BioMed Inc) |
$4.3 million |
Aegis Special Situations Fund, LLC- Series Medtech VIII (GT Metabolic Solutions, Inc.) |
$4.2 million |
Aegis Special Situations QP Fund, LLC- Series Medtech VIII (GT Metabolic Solutions Inc.) |
$2.3 million |
Aegis Special Situations Fund, LLC- Series Aerospace III (Axiom Space) |
$10.9 million |
Aegis Special Situations Fund, LLC- Series Medtech IX (Diasome Inc.) |
$8.7 million |
Aegis Special Situations Fund, LLC- Series Medtech X (Momentis Surgical Ltd. (f/k/a Memic Innovative Surgery Ltd.)) |
$5.9 million |
Aegis Special Situations Fund, LLC- Series Agritech II (Indigo Ag, Inc.) |
$9.6 million |
Aegis Special Situations QP Fund, LLC- Series Agritech II (Indigo Ag, Inc.) |
$5.1 million |
Aegis Special Situations Fund, LLC- Series Fintech I (Chime) |
$11.5 million |
Aegis Special Situations Fund, LLC- Series Aerospace II (World View Enterprises, Inc.) |
$4.4 million |
Aegis Special Situations Fund, LLC- Series Medtech IV (Aquyre Biosciences, Inc.) |
$13.4 million |
Aegis Special Situations Fund, LLC- Series Big Data II (ThoughtSpot, Inc.) |
$14.1 million |
Aegis Special Situations Fund, LLC- Series Medtech V (Cordio Medical, Ltd.) |
$10.3 million |
Aegis Special Situations Fund, LLC- Series Medtech VI (Pristine Surgical, LLC) |
$5.6 million |
Aegis Special Situations Fund, LLC- Series HealthTech I (ZocDoc, Inc.) |
$11.8 million |
Aegis Special Situations Fund, LLC- Series Fintech III (Kraken) |
$11.5 million |
Aegis Special Situations Fund, LLC- Series Medtech I (DermaSensor, Inc.) |
$4.9 million |
Aegis Special Situations Fund, LLC- Series Digital Freight Network I (Convoy) |
$10.6 million |
Aegis Special Situations Fund, LLC- Series Education II (Coursera) |
$5.2 million |
Aegis Special Situations Fund, LLC- Series Medtech II (Momentis Surgical Ltd. (f/k/a Memic Innovative Surgery Ltd.)) |
$17.9 million |
Aegis Special Situations Fund, LLC- Series Medtech III (QinFlow) |
$7.8 million |
Aegis Special Situations Fund, LLC- Series Aerospace I (SpaceX) |
$5.2 million |
Aegis Special Situations QP Fund, LLC- Series Aerospace I (SpaceX) |
$2.2 million |
Aegis Special Situations Fund, LLC- Series Big Data I (Palantir Technologies) |
$9.4 million |
Aegis Special Situations Fund, LLC- Series Plant Protein I (Impossible Foods Inc.) |
$5.2 million |
Aegis Special Situations QP Fund, LLC- Series Plant Protein I (Impossible Foods Inc.) |
$9.7 million |
Aegis Special Situations Fund, LLC- Series Hospitality I (Airbnb, Inc.) |
$2.4 million |
Aegis Special Situations Fund, LLC- Series Agritech I (Hydrofarm Holdings Group, Inc.) |
$4.9 million |
Aegis Special Situations QP Fund, LLC- Series Agritech I (Hydrofarm Holdings Group, Inc.) |
$5.7 million |
Aegis Special Situations Fund, LLC- Series Fantasy Sports I (DraftKings Inc.) |
$3.6 million |
Aegis Special Situations Fund LLC, Series Rideshare I (DiDi Chuxing Technology Co.) |
$10.7 million |
Aegis Special Situations Fund, LLC- Series Education I (Udacity, Inc.) |
$3.5 million |
Aegis Special Situations Fund, LLC- Series DNA I (23andMe) |
$5.3 million |
Aegis Special Situations QP Fund, LLC- Series Hospitality I (Airbnb, Inc.) |
$8.1 million |
Aegis Special Situations QP Fund, LLC- Series Rideshare I (DiDi Chuxing Technology Co.) |
$5.8 million |
Aegis Special Situations Fund II, LLC – Series Rideshare I (Lyft, Inc.) |
$11.8 Million |