The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number:3235-0076
Expires:August 31, 2015
Estimated average burden
hours per response:4.00

1. Issuer's Identity

CIK (Filer ID Number)Previous Names
XNone
Entity Type
0001811543
Corporation
Limited Partnership
XLimited Liability Company
General Partnership
Business Trust
Other (Specify)

Name of Issuer
Sovereign Distressed RE Fund III, LLC
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
Over Five Years Ago
XWithin Last Five Years (Specify Year)2020
Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
Sovereign Distressed RE Fund III, LLC
Street Address 1Street Address 2
747 THIRD AVENUE, 37TH FLOOR
CityState/Province/CountryZIP/PostalCodePhone Number of Issuer
NEW YORKNEW YORK10017212-319-5800

3. Related Persons

Last NameFirst NameMiddle Name
SakhaiDarius
Street Address 1Street Address 2
747 THIRD AVENUE37TH FLOOR
CityState/Province/CountryZIP/PostalCode
NEW YORKNEW YORK10017
Relationship:Executive OfficerDirectorXPromoter

Clarification of Response (if Necessary):

Officer of Managing Member
Last NameFirst NameMiddle Name
SakhaiCyrus
Street Address 1Street Address 2
747 THIRD AVENUE37TH FLOOR
CityState/Province/CountryZIP/PostalCode
NEW YORKNEW YORK10017
Relationship:Executive OfficerDirectorXPromoter

Clarification of Response (if Necessary):

Officer of Managing Member
Last NameFirst NameMiddle Name
GentileWilliam
Street Address 1Street Address 2
747 THIRD AVENUE37TH FLOOR
CityState/Province/CountryZIP/PostalCode
NEW YORKNEW YORK10017
Relationship:Executive OfficerDirectorXPromoter

Clarification of Response (if Necessary):

Officer of Managing Member
Last NameFirst NameMiddle Name
SakhaiStephan
Street Address 1Street Address 2
757 Third Avenue37TH FLOOR
CityState/Province/CountryZIP/PostalCode
NEW YORKNEW YORK10017
Relationship:Executive OfficerDirectorXPromoter

Clarification of Response (if Necessary):

Officer of Managing Member

4. Industry Group

 Agriculture
Banking & Financial Services
 Commercial Banking
 Insurance
 Investing
 Investment Banking
 Pooled Investment Fund
 Hedge Fund
 Private Equity Fund
 Venture Capital Fund
 Other Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
 Yes No
 Other Banking & Financial Services
 Business Services
Energy
 Coal Mining
 Electric Utilities
 Energy Conservation
 Environmental Services
 Oil & Gas
 Other Energy
Health Care
 Biotechnology
 Health Insurance
 Hospitals & Physicians
 Pharmaceuticals
 Other Health Care
 Manufacturing
Real Estate
XCommercial
 Construction
 REITS & Finance
 Residential
 Other Real Estate
 
Retailing
 
Restaurants
Technology
 Computers
 Telecommunications
 Other Technology
Travel
 Airlines & Airports
 Lodging & Conventions
 Tourism & Travel Services
 Other Travel
 
Other

5. Issuer Size

Revenue RangeORAggregate Net Asset Value Range
  No Revenues  No Aggregate Net Asset Value
  $1 - $1,000,000  $1 - $5,000,000
  $1,000,001 - $5,000,000  $5,000,001 - $25,000,000
  $5,000,001 - $25,000,000  $25,000,001 - $50,000,000
  $25,000,001 - $100,000,000  $50,000,001 - $100,000,000
  Over $100,000,000  Over $100,000,000
XDecline to Disclose  Decline to Disclose
  Not Applicable   Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

  Rule 504(b)(1) (not (i), (ii) or (iii))
XInvestment Company Act Section 3(c)
   Section 3(c)(1)   Section 3(c)(9)
   Section 3(c)(2)   Section 3(c)(10)
   Section 3(c)(3)   Section 3(c)(11)
   Section 3(c)(4)   Section 3(c)(12)
XSection 3(c)(5)   Section 3(c)(13)
   Section 3(c)(6)   Section 3(c)(14)
   Section 3(c)(7)
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
   Rule 505
XRule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
  

7. Type of Filing

   New NoticeDate of First Sale2020-05-14   First Sale Yet to Occur
XAmendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   YesXNo

9. Type(s) of Securities Offered (select all that apply)

   EquityXPooled Investment Fund Interests
   Debt   Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security   Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security   Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   YesXNo

Clarification of Response (if Necessary):

 

11. Minimum Investment

Minimum investment accepted from any outside investor$10,000USD

12. Sales Compensation

Recipient
Recipient CRD Number   None
Orchard Securities, LLC133378
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
365 Garden Grove LaneSuite 100
CityState/Province/CountryZIP/Postal Code
Pleasant GroveUTAH84062
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Entoro Securities, LLC35192
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
333 W. Loop N.Suite 333
CityState/Province/CountryZIP/Postal Code
HoustonTEXAS77024
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Great Point Capital, LLC114203
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
200 West Jackson Blvd.Suite 1000
CityState/Province/CountryZIP/Postal Code
ChicagoILLINOIS60606
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
International Assets Investment Management, LLC144426
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
390 N. Orange Ave.Suite 750
CityState/Province/CountryZIP/Postal Code
OrlandoFLORIDA32801
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Sunbelt Securities, Inc.42180
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
2700 Post Oak Blvd.Suite 1700
CityState/Province/CountryZIP/Postal Code
HoustonTEXAS77056
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
WealthForge Securities, LLC152550
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
3015 W. Moore StreetSuite 102
CityState/Province/CountryZIP/Postal Code
RichmondVIRGINIA23230
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
ShareNett Securities, LLC151011
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
12 East 49th StreetSuite 7-120
CityState/Province/CountryZIP/Postal Code
New YorkNEW YORK10017
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
DFPG Investments, Inc.155576
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
9017 S. Riverside DriveSuite 210
CityState/Province/CountryZIP/Postal Code
SandyUTAH84070
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
GPWA, LLC170171
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
2400 Barton Avenue 
CityState/Province/CountryZIP/Postal Code
NashvilleTENNESSEE37212
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

Recipient
Recipient CRD Number   None
The Strategic Financial Alliance, Inc.126514
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
2200 Century ParkwaySuite 500
CityState/Province/CountryZIP/Postal Code
AtlantaGEORGIA30345
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
International Assets Advisory, LLC10645
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
390 North Orange AvenueSuite 750
CityState/Province/CountryZIP/Postal Code
OrlandoFLORIDA32801
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
The Family Wealth Consulting Group128494
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
1541 The Alameda 
CityState/Province/CountryZIP/Postal Code
San JoseCALIFORNIA95126
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
DAI Securities, LLC36673
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
2200 Century ParkwaySuite 435
CityState/Province/CountryZIP/Postal Code
AtlantaGEORGIA30345
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
IBN Financial Services, Inc.42360
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
404 Old Liverpool Road 
CityState/Province/CountryZIP/Postal Code
LiverpoolNORTH CAROLINA13088
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Benchmark Investments, LLC103792
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
175 Country Club DriveBuilding 400, Suite D
CityState/Province/CountryZIP/Postal Code
StockbridgeGEORGIA30281
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Dempsey Lord Smith LLC141238
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
901 N. Broad StreetSuite 400
CityState/Province/CountryZIP/Postal Code
RomeGEORGIA30161
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Arete Wealth Management, LLC44856
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
1115 W. Fulton Market, 3rd Floor 
CityState/Province/CountryZIP/Postal Code
ChicagoILLINOIS60607
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Center Street Securities, Inc.26898
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
2 International PlazaSuite 301
CityState/Province/CountryZIP/Postal Code
NashvilleTENNESSEE37217
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Coastal Equities, Inc.23769
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
1201 N. Orange StreetSuite 729
CityState/Province/CountryZIP/Postal Code
WilmingtonDELAWARE19801
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Emerson Equity, LLC130032
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
155 Bovet RoadSuite 725
CityState/Province/CountryZIP/Postal Code
San MateoCALIFORNIA94402
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Kingswood Capital Partners, LLC288898
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
175 Country Club DriveBuilding 400D
CityState/Province/CountryZIP/Postal Code
StockbridgeGEORGIA30281
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Landolt Securities, Inc.28352
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
41412 N. Highway 83Suite 633
CityState/Province/CountryZIP/Postal Code
AntiochILLINOIS60002
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Lion Street Financial, LLC165828
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
515 Congress AvenueSuite 2500
CityState/Province/CountryZIP/Postal Code
AustinTEXAS75205
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Titan Securities131392
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
16775 Addison RoadSuite 525
CityState/Province/CountryZIP/Postal Code
AddisonTEXAS75001
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Capulent, LLC155155
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
4144 N. 44th StreetSuite 3
CityState/Province/CountryZIP/Postal Code
PhoenixALABAMA85018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Clark Wealth Strategies, Inc.146090
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
12020 Shamrock PlazaSuite 200
CityState/Province/CountryZIP/Postal Code
OmahaNEBRASKA68154
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
FPL Capital Management, LLC117499
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
3525 N. Causeway Blvd.Suite 633
CityState/Province/CountryZIP/Postal Code
MetairieLOUISIANA70002
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Aspen Capital Management, LLC226559
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
1173 S. 250 W.Suite 105
CityState/Province/CountryZIP/Postal Code
St. GeorgeUTAH84770
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Holbrook Global Strategies127059
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
635 Bryant Street 
CityState/Province/CountryZIP/Postal Code
Palo AltoCALIFORNIA94301
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Silverhawk Asset Management, LLC167798
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
21090 N. Pima Road 
CityState/Province/CountryZIP/Postal Code
ScottsdaleARIZONA85255
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Patrick Capital Markets, LLC16518
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
11152 South Towne Square 
CityState/Province/CountryZIP/Postal Code
St. LouisMISSOURI63123
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

Recipient
Recipient CRD Number   None
MHL Investments2535
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
6900 S. 900 E.Suite 200
CityState/Province/CountryZIP/Postal Code
MidvaleUTAH84047
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Infinity Financial Services144302
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
212 9th StreetSuite 202
CityState/Province/CountryZIP/Postal Code
OaklandCALIFORNIA94607
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

Recipient
Recipient CRD Number   None
High Speed Alliance291399
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
12060 County Line RoadSuite 231
CityState/Province/CountryZIP/Postal Code
MadisonALABAMA35756
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Legacy Wealth Management158010
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
2498 Perry Crossing WaySuite 210
CityState/Province/CountryZIP/Postal Code
PlainfieldINDIANA46168
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Ratio Wealth Group, LLC306278
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
1741 N. High Street 
CityState/Province/CountryZIP/Postal Code
DenverCOLORADO80218
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Advisors on Call315319
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
23276 South Pointe DriveSuite 209
CityState/Province/CountryZIP/Postal Code
Laguna HillsCALIFORNIA92653
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
MJP Wealth Advisors127654
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
790 Farmington AvenueBuilding 3E
CityState/Province/CountryZIP/Postal Code
FarmingtonCONNECTICUT06032
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Fourstar Wealth Advisors, LLC169613
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
351 W. HubbardSuite 420
CityState/Province/CountryZIP/Postal Code
ChicagoILLINOIS60654
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
XAll States
   Foreign/non-US

Recipient
Recipient CRD Number   None
Saxony Securities115547
(Associated) Broker or DealerXNone
(Associated) Broker or Dealer CRD NumberXNone
NoneNone
Street Address 1Street Address 2
11152 S. Town Square 
CityState/Province/CountryZIP/Postal Code
St. LouisMISSOURI63123
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount$127,821,327USD
or   Indefinite
Total Amount Sold$52,821,327USD
Total Remaining to be Sold$75,000,000USD
or  Indefinite

Clarification of Response (if Necessary):

  

14. Investors

  
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
 
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
497

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions$2,595,241USD
XEstimate
Finders' Fees$0USD
   Estimate

Clarification of Response (if Necessary):

 

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0USD
   Estimate

Clarification of Response (if Necessary):

 

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against it in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Rule 505 exemption, the issuer is not disqualified from relying on Rule 505 for one of the reasons stated in Rule 505(b)(2)(iii) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

IssuerSignatureName of SignerTitleDate
Sovereign Distressed RE Fund III, LLCStephan SakhaiStephan SakhaiManaging Director of the Manager2022-12-07

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.