HII Cerebras Series III, a Series of HII Cerebras, LLC

Christopher DeLap is the sole named GP, and the absence of any prior EDGAR filings from this manager means this Series III is the first public disclosure of the HII Cerebras fund family—either the prior vintages were filed under different entities, were exempt from registration, or operated without SEC disclosure, making third-party verification of track record essential before commitment.

Filing in June 2026 positions this raise for capital deployment into the second half of the year when LPs typically finalize allocation decisions; the 06b exemption (pre-existing relationships only) indicates the GP relies on an established LP network rather than new investor acquisition, consistent with a continuation vintage where retention and follow-on commitment from existing backers is the primary target.

Before engagement, verify whether Christopher DeLap is subject to a key-man clause tied to prior vintages and confirm the definition of 'pre-existing relationship' that qualifies investors under the 06b exemption—some GPs narrow this to Series I/II LPs only, while others interpret it broadly, which directly affects who can participate and what redemption or transfer restrictions apply.