Equitybee 22-11976, a Series of Equitybee cFund Master LLC

The two named GPs and 06c exemption position this as a smaller-check or continuation vehicle likely targeting accredited individuals and existing Equitybee LPs rather than institutional capital, consistent with a secondary or follow-on series within a broader platform.

An amendment filing in May 2026 on a zero-dollar vehicle typically reflects either a regulatory correction, a structural housekeeping step after prior calendar-year activity, or preparation for a future raise—absent prior EDGAR filings from this manager, this reads as Equitybee's first formal SEC registration and should be cross-checked against any Form D filings in the past 18 months.

Before allocating, verify whether this Series has a carve-out for key-man removal or acceleration of fees if either Henderson or Barzilai departs, and confirm whether the $0M target will be updated in a 253G1 or subsequent amendment—a placeholder that remains unamended for 6+ months is often a dead vehicle.