AUGUREY VENTURES IV - SERIES ANDURIL D

The single named GP (Frank Cardia) and reliance on 06c exemption indicate a manager operating below the threshold that triggers full SEC oversight, typical of emerging or roll-up fund sponsors who may be building institutional infrastructure incrementally rather than raising across multiple parallel vehicles.

An amendment filing in mid-2026 on a $7M target suggests either a delayed close from an initial 2025 fund launch, a modest add-on raise to a prior vintage, or a small-check LP class (such as a founder/employee continuation vehicle), rather than a full-cycle market-timing raise.

Before committing, verify whether Frank Cardia operates under a multi-GP structure elsewhere (co-invest vehicles, continuation funds, or parallel LPs) that isn't visible on EDGAR, and confirm whether the 06c exemption will require an upgrade to full registration if the fund crosses thresholds during its life.