TriLinc Global Impact Fund LLC Files S-1 Registration Statement

TL;DR

<b>TriLinc Global Impact Fund, LLC has filed an S-1 registration statement for a continuous offering of securities.</b>

AI Summary

TriLinc Global Impact Fund LLC (TRLC) filed a IPO Registration (S-1) with the SEC on February 16, 2024. TriLinc Global Impact Fund, LLC filed an S-1 registration statement with the SEC on February 16, 2024. The company is incorporated in Delaware and its fiscal year ends on December 31. Its principal executive offices are located at 1230 Rosecrans Ave, Suite 605, Manhattan Beach, California 90266. The filing indicates TriLinc Global Impact Fund, LLC is a non-accelerated filer and a smaller reporting company. The registration statement is for an offering of securities to be made on a delayed or continuous basis pursuant to Rule 415.

Why It Matters

For investors and stakeholders tracking TriLinc Global Impact Fund LLC, this filing contains several important signals. This S-1 filing indicates the company is preparing to offer securities, which could signal future growth or capital raising activities. As a smaller reporting company and non-accelerated filer, TriLinc Global Impact Fund, LLC may have different disclosure requirements and potentially less stringent regulatory oversight compared to larger entities.

Risk Assessment

Risk Level: low — TriLinc Global Impact Fund LLC shows low risk based on this filing. The filing is a standard S-1 registration statement, which is a preliminary step for offering securities and does not contain specific financial performance data or operational details that would indicate immediate high risk.

Analyst Insight

Monitor future filings for details on the securities offering, including the amount and type of securities, and the intended use of proceeds.

Executive Compensation

Key Numbers

• 2024-02-16 — Filing Date (Date the S-1 registration statement was filed)
• 333-277157 — SEC File Number (SEC file number associated with the registration)
• 6199 — SIC Code (Primary Standard Industrial Classification Code)
• 364732802 — IRS Number (IRS Employer Identification Number)

Key Players & Entities

• TriLinc Global Impact Fund, LLC (company) — Registrant name
• Securities and Exchange Commission (regulator) — Filing recipient
• Delaware (jurisdiction) — State of incorporation
• 1230 Rosecrans Ave, Suite 605, Manhattan Beach, California 90266 (address) — Principal executive offices
• Gloria Nelund (person) — Chairman, Chief Executive Officer and President
• Morrison & Foerster LLP (company) — Legal counsel

FAQ

Risk Factors

• Registration Statement Requirements [low — regulatory]: The filing of an S-1 registration statement is a preliminary step and requires adherence to SEC regulations for the offering of securities.

Key Dates

• 2024-02-16: S-1 Filing — Registration statement filed with the SEC for a continuous offering.

Glossary

S-1

A registration statement filed with the SEC by companies planning to offer securities to the public. (Indicates the company is preparing to offer securities.)

Rule 415

Allows securities to be registered for offering on a delayed or continuous basis. (Specifies the nature of the offering as continuous or delayed.)

Key Financial Figures

• $40,000,000 — REINVESTMENT PLAN Maximum Offering of $40,000,000 in Units of Limited Liability Company I
• $250,000 — s have either: a net worth of at least $250,000; or gross annual income of at least $7
• $70,000 — 00; or gross annual income of at least $70,000 and a net worth of at least $70,000. O
• $350,000 — have either: (i) a minimum net worth of $350,000 (exclusive of home, auto and furnishing
• $85,000 — r (ii) a minimum annual gross income of $85,000 and a net worth of $150,000 (exclusive
• $150,000 — ss income of $85,000 and a net worth of $150,000 (exclusive of home, auto and furnishing
• $5.754 — its, which as of September 30, 2023 was $5.754. We will offer units pursuant to the D

Filing Documents

• trlc20240212_s1.htm (S-1) — 374KB
• ex_625809.htm (EX-5.1) — 9KB
• ex_625447.htm (EX-23.1) — 4KB
• ex_625448.htm (EX-23.2) — 3KB
• ex_625450.htm (EX-24.1) — 9KB
• ex_625434.htm (EX-FILING FEES) — 13KB
• ex_625434img001.jpg (GRAPHIC) — 5KB
• trlc20240212_s1img001.jpg (GRAPHIC) — 5KB
• 0001437749-24-004625.txt (&nbsp;) — 427KB

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS iii PROSPECTUS SUMMARY 1

USE OF PROCEEDS

USE OF PROCEEDS 6 PLAN OF DISTRIBUTION 6 DESCRIPTION OF UNITS 7 MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS 12 LEGAL MATTERS 22 EXPERTS 22 INCORPORATION BY REFERENCE 23 AVAILABLE INFORMATION 23 APPENDIX A A-1 APPENDIX B B-1 ii Table of Contents

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS Some of the statements in this prospectus constitute forward-looking statements, which relate to future events or our future performance or financial condition. The forward-looking statements contained in this prospectus involve risks and uncertainties, including statements as to: our future operating results; our ability to purchase or make investments in a timely manner; our business prospects and the prospects of our borrowers; the impact of public health crises, including the COVID-19 pandemic, and actions taken to prevent their spread on our business, results of operations, financial condition, liquidity and NAV per unit; the economic, social and/or environmental impact of the investments that we expect to make; our contractual arrangements and relationships with third parties; our ability to make distributions to our unitholders; the dependence of our future success on the general economy and its impact on the companies in which we invest; the availability of cash flow from operating activities for distributions and payment of operating expenses; the performance of TriLinc Advisors, LLC (our "Advisor"), our sub-advisors and TriLinc Global, LLC (our "Sponsor") ; our dependence on the resources and personnel of our Advisor and the financial resources of our Sponsor; the ability of our borrowers to make required payments; our Advisor's ability to attract and retain sufficient personnel to support our growth and operations; the lack of a public trading market for our units; the outcome and costs associated with our ongoing legal proceedings related to the recovery of amounts with respect to certain of our Watch List investments; our expected financings and investments; any failure in our Advisor's or sub-advisors' due diligence to identify all relevant facts in our underwriting process or otherwise; the ability of our sub-advisors and borrowers to achieve their objectives; general global economic, political and busin

View Full Filing

View this S-1 filing on SEC EDGAR