Cityfunds I, LLC (Nada) — Membership Interests (issued by city series)

Update Due

The most recent balance sheet on file is the UNAUDITED interim balance sheet as of June 30, 2025 (Form 1-SA); the most recent audited balance sheet is dated December 31, 2024 (Form 1-K). Both the audited annual and the unaudited interim financial statements disclose substantial doubt about the Company’s ability to continue as a going concern — see the auditor’s report and adverse-information sections. Total assets declined from $13.27M at December 31, 2024 to $7.42M at June 30, 2025 as home-equity investments were exchanged for an investment in partnership and related-party debt was repaid. The Form 1-SA and Form 1-K covers report conflicting EINs (86-3672902 vs. 83-3672902); correct EIN to be verified with the issuer. Per-series interests, holders of record, and beneficial owners over 10% are pending the issuer-furnished/Mergent reconciliation pass. Arithmetic verification of the filed statements: 28 of 28 tests PASS.

Issuer legal name

Cityfunds I, LLC (Nada)

Security

Membership Interests (issued by city series) (Membership interests, no par value, offered on a per-series (city portfolio) basis under Regulation A (Tier 2); no national securities exchange listing)

CIK

None

Exemption relied on

Reg A

State of incorporation

Delaware

Transfer agent

Not disclosed

GUARDD publication date

2026-08-01

Last verified date

2026-08-01

Next annual financials due

2026-03-31

Machine-readable copy

/disclosures/cityfunds-i-llc/membership-interests.json

Issuer name and address

Legal name

Cityfunds I, LLC (Nada)

Address

1315 Manufacturing Street, Dallas, TX

State of incorporation

Delaware

Business description

Cityfunds I, LLC (Nada) is a Delaware series limited liability company offering interests in city-specific real-estate portfolios under Regulation A (Tier 2). Principal office: 1315 Manufacturing Street, Dallas, TX; website www.cityfunds.com. Fiscal year end December 31. EIN is reported inconsistently across filings — 86-3672902 on the Form 1-SA cover and 83-3672902 on the Form 1-K cover; correct EIN to be verified with the issuer. Figures presented are Company-level consolidated totals from the FY2024 Form 1-K (audited) and the Form 1-SA for the six months ended June 30, 2025 (unaudited). Interests are offered through Dalmore Group, LLC as broker-dealer of record per the filings.

Officers and directors

Transfer agent, auditor, and legal counsel

Transfer agent

Not disclosed

Auditor

Not disclosed

Legal counsel

Not disclosed

Capital structure

Holders of record

Number of holders of record

Not disclosed

As of

Not disclosed

Financial statements

Auditor’s report

Auditor

Not disclosed

Report date

Not disclosed

Opinion

Unmodified opinion with a going-concern emphasis paragraph on the December 31, 2024 and 2023 consolidated financial statements (Form 1-K). The interim statements as of and for the six months ended June 30, 2025 (Form 1-SA) are UNAUDITED — no auditor’s opinion is expressed on the interim figures.

Going-concern qualification

Yes

Adverse opinion

No

Material weakness

No

Restatement

No

Tokenized security attributes

Displayed for every security. Where the security is not tokenized, each field is marked not applicable.

Security is tokenized

No

Contract address

Not applicable — security is not tokenized

Network

Not applicable — security is not tokenized

Token standard

Not applicable — security is not tokenized

Role of on-chain record

Not applicable — security is not tokenized

Transfer restriction enforcement

Not applicable — security is not tokenized

Holding period

Not applicable — security is not tokenized

Holding period expiration date

Not applicable — security is not tokenized

Issuer freeze authority

Not applicable — security is not tokenized

Issuer burn authority

Not applicable — security is not tokenized

Issuer reissue authority

Not applicable — security is not tokenized

Smart contract audit status

Not applicable — security is not tokenized

Smart contract auditor

Not applicable — security is not tokenized

Eligible trading venues

Not applicable — security is not tokenized

Collateral or lending arrangement

Not applicable — security is not tokenized

Regulatory currency