- Type
- Debt financing
- Amount
- $5.7M
- Date
- April 24, 2026
- Location
- Baltic, South Dakota
- Sectors
- Other
HBS Research Farms, LLC, of Baltic, SD, reported $5.7M sold in an offering exempt from registration under Regulation D. The total offering was stated as $50M (11% of the stated offering).
The issuer classified itself under Other on the filing and is organized as a limited liability company.
Form D does not identify who invested — it records the issuer, the amount, and the exemption claimed. Investor names are therefore left blank rather than guessed at, and the filing carries no round label, so none is assigned here.
Sources
- SEC Form D — HBS Research Farms, LLC, accession 0001858497-26-000003 — retrieved August 7, 2026