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Skyli First Fund, LLC Files Under Investment Company Act Section 3(c)(1)

Skyli First Fund, LLC submitted a SEC filing on March 30, 2026, citing Section 3(c)(1) of the Investment Company Act.

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Skyli First Fund, LLC Submits SEC Filing

Skyli First Fund, LLC, identified by CIK number 0001999833, filed a D/A form with the SEC on March 30, 2026, which includes Item 3C related to the Investment Company Act Section 3(c). According to the filing, the fund specifically references Section 3(c)(1), as detailed in the document’s Item 3C.1. As is widely known, Section 3(c)(1) of the Investment Company Act provides an exemption for certain private investment funds from registration requirements.

Filing Details

The filing, dated March 30, 2026, has an accession number of 0001999833-26-000001 and is listed as 7 KB in size on the SEC EDGAR system. Skyli First Fund, LLC’s submission includes explicit mention of Item 3C and Item 3C.1, both pertaining to exemptions under the Investment Company Act. This filing represents the fund’s formal notification regarding its status under these sections.

Context of the Exemption

In the filing, Skyli First Fund, LLC indicates reliance on Section 3(c)(1), which, as a widely recognized provision, applies to funds not making public offerings. According to SEC EDGAR, the document outlines the fund’s alignment with this exemption. Such filings are standard for entities seeking to operate without full registration.

Source and Implications Overview

The SEC EDGAR record confirms that Skyli First Fund, LLC’s filing was made on March 30, 2026, with specific items 3C and 3C.1 noted, according to SEC EDGAR. As is widely known, these sections help define the regulatory framework for private funds.

Sources
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