
Robinhood Ventures Fund II (RVII) has confidentially submitted a draft registration statement on Form N-2 with the Securities and Exchange Commission (SEC) to begin the process to register a public offering of its shares. The number of shares to be offered and the size of the fund have not yet been determined.
The purpose of the offering is to raise capital to invest in a diversified portfolio of early-stage and growth-stage private companies. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.
Disclosures
Forward-Looking Statements
This communication includes “forward looking statements,” including statements regarding RVII’s expected initial public offering and its objectives to invest in a diversified portfolio of early-stage and growth-stage private companies. Forward-looking statements involve known and unknown risks, uncertainties and assumptions, including the risks to be outlined under “Risk Factors” in RVII’s registration statement on Form N-2 when filed publicly with the SEC, which may cause actual results to differ materially from any results expressed or implied by any forward-looking statement. RVII and Robinhood have no obligation, and do not undertake any obligation, to update or revise any forward-looking statement made in this communication to reflect changes since the date of this communication, except as required by law.
5467049