03/06/2025 | Press release | Distributed by Public on 03/06/2025 15:12
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1-U
Current Report Pursuant to Regulation A
Date of Report: March 1, 2025
(Date of earliest event reported)
RED OAK CAPITAL FUND VII, LLC |
(Exact name of issuer as specified in its charter) |
Delaware |
99- 2923874 |
|
(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) |
5925 Carnegie Blvd, Suite 110
Charlotte, NC 28209
(Full mailing address of principal executive offices)
(616) 343-0697
(Issuer's telephone number, including area code)
Title of each class of securities issued pursuant to Regulation A: Series A Bonds
ITEM 9. OTHER EVENTS
On March 1, 2025, Red Oak Capital Holdings, LLC ("ROCH") who is the sole member of Red Oak Capital GP, LLC ("ROCG"), who is the sole member and Manager of Red Oak Capital Fund VII, LLC (the "Company"), announced that Paul Cleary has resigned from his positionas President of ROCH, effective March 1, 2025. Mr. Cleary will continue to serve as the Chief Operating Officer of ROCH.
In connection with Mr. Cleary's resignation, Raymond T. Davis, who currently serves as the Chief Strategy Officer (CSO) of ROCH, will assume the role of President of ROCH while retaining his position as CSO, effective March 1, 2025. Mr. Cleary's resignation was not due to any disagreements related to the operations, policies or practices of ROCH, ROCG or the Company.
SIGNATURES
Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Red Oak Capital Fund VII, LLC, |
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a Delaware limited liability company |
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By: |
Red Oak Capital GP, LLC, |
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a Delaware limited liability company |
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Its: |
Sole Member and Manager |
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By: |
Red Oak Capital Holdings, LLC, |
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a Delaware limited liability company |
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Its: |
Sole Member |
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By: |
Red Oak Holdings Management, LLC |
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a Delaware limited liability company |
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Its: |
Manager |
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By: |
/s/ Gary Bechtel |
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Its: |
Chief Executive Officer |
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Date: March 6, 2025 |