Fundrise Innovation Fund (VCX) reports multiple Common share sales via Jefferies

Rhea-AI Filing Summary

Fundrise Innovation Fund, LLC filed a Form 144 notice related to proposed sales of Common shares through Jefferies LLC as broker on NYSE. The filing lists a registered offering on Form N-2 dated 02/24/2026 and multiple sales by TECH INFRASTRUCTURE REIT, LLC to Fundrise Innovation Fund, LLC between 03/25/2026 and 04/01/2026, showing individual share counts and sale amounts.

Insights

Securities Compliance Analyst

Rule 144 notice listing recent brokered sales and a registered offering.

The excerpt lists a registered offering on Form N-2 dated 02/24/2026 and multiple transactions reported as "Securities Sold During The Past 3 Months." Each row pairs a sale date with a share count and gross proceeds figure, indicating routine resale activity by an affiliate or controlled holder.

Cash‑flow treatment and any holding-period or volume-limitation qualifiers are not shown in the excerpt; subsequent filings may supply additional compliance detail.

Key Figures

Registered offering date: 02/24/2026 Sale on 03/25/2026: 35,281 shares Proceeds on 03/25/2026: $14,081,481.85 +4 more

7 metrics

Registered offering date 02/24/2026 Form N-2 registered offering

Sale on 03/25/2026 35,281 shares Reported sale to Fundrise Innovation Fund, LLC

Proceeds on 03/25/2026 $14,081,481.85 Amount paired with 03/25/2026 sale

Sale on 03/26/2026 62,402 shares Reported sale to Fundrise Innovation Fund, LLC

Proceeds on 03/26/2026 $16,373,347.52 Amount paired with 03/26/2026 sale

Sale on 04/01/2026 90,689 shares Reported sale to Fundrise Innovation Fund, LLC

Proceeds on 04/01/2026 $11,831,020.31 Amount paired with 04/01/2026 sale

Key Terms

Form 144, Form N-2, Jefferies LLC, Fundrise Innovation Fund, LLC

4 terms

Form 144 regulatory

"Registered Offering on Form N-2 and Form 144 notice"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Form N-2 regulatory

"Registered Offering on Form N-2 dated 02/24/2026"

Form N-2 is a U.S. Securities and Exchange Commission filing that investment companies use to register and describe closed-end funds and certain management companies for public investors. It lays out the fund’s purpose, fees, risks, portfolio policies and management team—like a detailed product label for a financial product—so investors can compare offerings, understand costs and risks, and make informed decisions before buying shares.

Jefferies LLC market

"Jefferies LLC 520 Madison Ave listed with NYSE"

Fundrise Innovation Fund, LLC market

"Buyer/recipient entity for listed transactions"

FAQ

What does the VCX Form 144 filing show?

The filing shows a Form 144 notice tied to a registered offering on Form N-2 dated 02/24/2026, and multiple reported share sales between 03/25/2026 and 04/01/2026. It lists per‑trade share counts and dollar amounts.

Who is the broker listed in the VCX filing?

The broker shown is Jefferies LLC at 520 Madison Ave, New York, with NYSE noted. The excerpt links the broker to the Common shares transaction reporting.

Which entity sold shares to Fundrise Innovation Fund, LLC?

TECH INFRASTRUCTURE REIT, LLC is listed as the seller in the reported trades to Fundrise Innovation Fund, LLC across the dated entries from 03/25/2026 to 04/01/2026.

What sale amounts are recorded in the VCX excerpt?

Individual sale proceeds are recorded per date, for example $14,081,481.85 on 03/25/2026 and $16,373,347.52 on 03/26/2026. Each row pairs shares sold with a corresponding dollar figure.

Does the Form 144 excerpt state total shares being registered?

The excerpt lists a registered offering reference and per‑trade share counts, but it does not present an explicit single aggregated registered share total in the provided text.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 05:06 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001777677
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Fundrise Innovation Fund, LLC
SEC File Number	811-23708
Address of Issuer	11 DUPONT CIRCLE NW 9TH FLOOR WASHINGTON DISTRICT OF COLUMBIA 20036
Phone	202-584-0550
Name of Person for Whose Account the Securities are To Be Sold	Fundrise Real Estate Interval Fund, LLC
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	May be deemed an affiliate of the issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Jefferies LLC 520 Madison Ave 4th Fl New York NY 10022	74563	8574745.00	28300000	04/02/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/24/2026	Registered Offering on Form N-2	Fundrise Innovation Fund, LLC			74563	02/24/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/25/2026	35281	14081481.85
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/26/2026	62402	16373347.52
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/27/2026	51053	8686978.86
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/30/2026	73769	8282304.56
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/31/2026	102285	12336359.62
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/01/2026	90689	11831020.31

144: Remarks and Signature

Remarks	Shares to be sold from TECH INFRASTRUCTURE REIT, LLC a wholly-owned subsidiary of Fundrise Real Estate Interval Fund, LLC.
Date of Notice	04/02/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Alison Staloch
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)