1-U 1 cardone_1u.htm FORM 1-U cardone_1u.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 1-U

 

CURRENT REPORT PURSUANT TO REGULATION A

 

Date of Report October 31, 2019

 

Commission File No. 024-10943

 

CARDONE EQUITY FUND VI, LLC

(the “Company”)

  

Delaware

(State or other jurisdiction of incorporation or organization)

 

Cardone Capital, LLC

18909 NE 29th Avenue

Aventura, FL 33180

Office: (310) 777-0255

Email: invest@Cardonecapital.com

 

All correspondence:

Jillian Sidoti, Esq.

TROWBRIDGE SIDOTI

38977 Sky Canyon Drive – Suite 101

Murrieta, CA 92563

(323) 799-1342

EMAIL FOR CORRESPONDENCE: jillian@crowdfundinglawyers.net

 

 
 
 
 

  

Item 9. Other Events

 

After reaching the minimum raise requirement of $1,000,000, the Company invested in the entity that owns 10X Living at Panama City Beach (“Property”) on October 16, 2019. The Property is a luxury garden apartment development in Panama City Beach, FL. It includes 288 units and was built 2018. The Property is currently encumbered with a 73% loan-to-value bank loan. Vantage at Panama City Beach, LLC is the entity that owns the Property in which the Company holds a minority interest. The name of the owning entity is expected to change at some time in the future.

 

Safe Harbor Statement

 

This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in our Offering Statement on Form 1-A, filed with the Securities and Exchange Commission (“SEC”), as such factors may be updated from time to time in our periodic filings and prospectus supplements filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

 

 
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Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Cardone Equity Fund VI, LLC

 

/s/ Grant Cardone

Grant Cardone, Manager of Cardone Capital, LLC

Manager

October 31, 2019

 

 

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