SEC Filing Record

Offering Amount

$0.1M

Strategy

VC

Exemption

06b

Date Filed

May 19, 2026

0002090540-26-000001

View on SEC EDGAR →

37A Read

The $0M target is a placeholder filing under Rule 506(b), indicating this is either a continuation vehicle or a pre-launch document; the single GP structure with no prior EDGAR history suggests Tim Kelly is either new to SEC-reportable fund management or operating his first formal vehicle under this entity, which will require verification of whether he has managed capital under different legal structures.

Absent prior filings from this manager, the exemption election for pre-existing relationships only signals a closed raise dependent entirely on Kelly's existing LP network rather than a broad market canvas—this constrains the fund's capital velocity and implies the LP base is defined before filing, making post-filing investor additions unlikely.

A May 2026 filing in a venture market environment where mega-fund closes dominate suggests Kelly is either raising a smaller, founder-focused or sector-specific vehicle, or timing a Series A continuation strategy ahead of anticipated capital deployment cycles in late 2026 and 2027.

Before committing, LPs should confirm whether Tim Kelly has prior fund management experience under different entities or fund names, whether this filing will convert to a non-zero target, and whether the pre-existing relationships exemption locks in the LP cohort at filing date or permits additions through a future amendment.

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Principals

General Partners & Executives

Tim Kelly

Planck Holdings LLC - Series 6439