FORM D
Notice of Exempt Offering of Securities

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

OMB APPROVAL
OMB Number: 3235-0076
Estimated Average burden hours per response: 4.0
1. Issuer's Identity
CIK (Filer ID Number)Previous Name(s)Checkbox checkedNoneEntity Type
0002087350
Radio button not checkedCorporation
Radio button not checked Limited Partnership
Radio button not checked Limited Liability Company
Radio button not checked General Partnership
Radio button not checked Business Trust
Radio button checkedOther
Delaware Statutory Trust
 
Name of Issuer
 JWCM Vivian, DST
Jurisdiction of Incorporation/Organization
DELAWARE 
Year of Incorporation/Organization
Radio button not checkedOver Five Years Ago
Radio button checkedWithin Last Five Years (Specify Year)
2025
Radio button not checkedYet to Be Formed
 
  
  
 
2. Principal Place of Business and Contact Information
Name of Issuer
 JWCM Vivian, DST
Street Address 1Street Address 2
 445 PARK AVENUE
 SUITE 1600
CityState/Province/CountryZIP/Postal CodePhone No. of Issuer
 NEW YORK
 NEW YORK
 
 10022
 (212) 751-3344 



3. Related Persons

Last NameFirst NameMiddle Name
JWCM Exchange I, LLC
N/A
Street Address 1Street Address 2
 445 Park Avenue 
 Suite 1600
CityState/Province/CountryZIP/Postal Code
 New York
 NEW YORK
 10022
 
Relationship:Checkbox checkedExecutive OfficerCheckbox not checkedDirectorCheckbox not checkedPromoter
Clarification of Response (if Necessary)
Sponsor of the Issuer


Last NameFirst NameMiddle Name
JWCM Vivian Manager, LLC
N/A
Street Address 1Street Address 2
 445 Park Avenue 
 Suite 1600
CityState/Province/CountryZIP/Postal Code
 New York
 NEW YORK
 10022
 
Relationship:Checkbox checkedExecutive OfficerCheckbox not checkedDirectorCheckbox not checkedPromoter
Clarification of Response (if Necessary)
Manager and Signatory Trustee of the Issuer


Last NameFirst NameMiddle Name
JWCM Vivian Depositor, LLC
N/A
Street Address 1Street Address 2
 445 Park Avenue 
 Suite 1600
CityState/Province/CountryZIP/Postal Code
 New York
 NEW YORK
 10022
 
Relationship:Checkbox checkedExecutive OfficerCheckbox not checkedDirectorCheckbox not checkedPromoter
Clarification of Response (if Necessary)
Depositor of the Issuer


Last NameFirst NameMiddle Name
Warsavsky
Jason
Street Address 1Street Address 2
 445 Park Avenue 
 Suite 1600
CityState/Province/CountryZIP/Postal Code
 New York
 NEW YORK
 10022
 
Relationship:Checkbox checkedExecutive OfficerCheckbox not checkedDirectorCheckbox not checkedPromoter
Clarification of Response (if Necessary)
President of the Sponsor of the Issuer




4. Industry Group
 Radio button not checkedAgriculture
Banking & Financial Services
 Radio button not checked Commercial Banking
 Radio button not checked Insurance
 Radio button not checkedInvesting
 Radio button not checked Investment Banking
 Radio button not checked Pooled Investment Fund

 Radio button not checkedOther Banking & Financial Services
Radio button not checked Business Services
Energy
 Radio button not checked Coal Mining
 Radio button not checked Electric Utilities
 Radio button not checked Energy Conservation
 Radio button not checked Environmental Services
 Radio button not checked Oil & Gas
 Radio button not checked Other Energy
Health Care
 Radio button not checked Biotechnology
 Radio button not checked Health Insurance
 Radio button not checked Hospitals & Physicians
 Radio button not checked Pharmaceuticals
 Radio button not checked Other Health Care
   
   
   
  
Radio button not checked Manufacturing
Real Estate
 Radio button not checkedCommercial
 Radio button not checkedConstruction
 Radio button not checkedREITS & Finance
 Radio button not checkedResidential
Radio button checkedOther Real Estate
Radio button not checked Retailing
Radio button not checkedRestaurants
Technology
Radio button not checked Computers
Radio button not checked Telecommunications
Radio button not checked Other Technology
Travel
Radio button not checked Airlines & Airports
Radio button not checked Lodging & Conventions
Radio button not checked Tourism & Travel Services
Radio button not checked Other Travel
Radio button not checkedOther

  
   
5. Issuer Size
Revenue RangeAggregate Net Asset Value Range
Radio button not checkedNo RevenuesRadio button not checked No Aggregate Net Asset Value
Radio button not checked $1 - $1,000,000Radio button not checked$1 - $5,000,000
Radio button not checked $1,000,001 - $5,000,000Radio button not checked $5,000,001 - $25,000,000
Radio button not checked$5,000,001 - $25,000,000Radio button not checked $25,000,001 - $50,000,000
Radio button not checked$25,000,001 - $100,000,000Radio button not checked $50,000,001 - $100,000,000
Radio button not checked Over $100,000,000Radio button not checked Over $100,000,000
Radio button checked Decline to Disclose Radio button not checkedDecline to Disclose
Radio button not checked Not ApplicableRadio button not checked Not Applicable

 
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
Checkbox not checkedRule 504(b)(1) (not (i), (ii)
or (iii))		Checkbox not checkedRule 506(b)      
Checkbox not checkedRule 504 (b)(1)(i) Checkbox checkedRule 506(c)
Checkbox not checkedRule 504 (b)(1)(ii) Checkbox not checkedSecurities Act Section 4(a)(5)
Checkbox not checkedRule 504 (b)(1)(iii)Checkbox not checkedInvestment Company Act Section 3(c)
 
 

7. Type of Filing
Checkbox not checked New Notice Date of First Sale 
2025-10-14
Checkbox not checked First Sale Yet to Occur
Checkbox checked Amendment


 
 
8. Duration of Offering
Does the Issuer intend this offering to last more than one year? Radio button not checked Yes Radio button checked No
 
 
9. Type(s) of Securities Offered (select all that apply)
Checkbox not checkedPooled Investment Fund InterestsCheckbox checkedEquity
Checkbox not checkedTenant-in-Common Securities Checkbox not checkedDebt
Checkbox not checkedMineral Property SecuritiesCheckbox not checkedOption, Warrant or Other Right to Acquire Another Security
Checkbox not checkedSecurity to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire SecurityCheckbox not checkedOther (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? Radio button not checked Yes Radio button checked No
Clarification of Response (if Necessary)
 
 
 
11. Minimum Investment
Minimum investment accepted from any outside investor$
 25000
USD

12. Sales Compensation
Recipient Recipient CRD NumberCheckbox not checkedNone
 Dave Eurton
 3203522
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Westpark Capital, Inc.
 39914
Street Address 1      Street Address 2
2030 Main Street
Suite 210
City State/Province/CountryZIP/Postal Code
 Irvine
 CALIFORNIA
 92614
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
CALIFORNIA
Recipient Recipient CRD NumberCheckbox not checkedNone
 Skyler Stokes
 6225303
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Emerson Equity LLC
 130032
Street Address 1      Street Address 2
155 Bovet Road
Suite 725
City State/Province/CountryZIP/Postal Code
 San Mateo
 CALIFORNIA
 94402
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
CALIFORNIA
Recipient Recipient CRD NumberCheckbox not checkedNone
 Greg McEwin
 1897192
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Great Point Capital LLC
 114203
Street Address 1      Street Address 2
299 South Main Street
13th Floor
City State/Province/CountryZIP/Postal Code
 Salt Lake City
 UTAH
 84111
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
ALASKA
CALIFORNIA
IDAHO
Recipient Recipient CRD NumberCheckbox not checkedNone
 Scott Offerman
 4619093
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 1031 Securities Inc.
 326590
Street Address 1      Street Address 2
25300 West 13 Mile Road
 
City State/Province/CountryZIP/Postal Code
 Franklin
 MICHIGAN
 48025
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
NEW JERSEY
Recipient Recipient CRD NumberCheckbox not checkedNone
 Corbin Thomas
 4234748
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 McDermott Investment Services, LLC
 154926
Street Address 1      Street Address 2
101 Main Street
Suite 2600
City State/Province/CountryZIP/Postal Code
 Huntington Beach
 CALIFORNIA
 92648
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
ARIZONA
CALIFORNIA
Recipient Recipient CRD NumberCheckbox not checkedNone
 John Harvey
 4227692
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Wealthforge Securities, LLC
 152550
Street Address 1      Street Address 2
7051 Heathcote Village Way
Suite 200
City State/Province/CountryZIP/Postal Code
 Gainesville
 VIRGINIA
 20155
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
MARYLAND
WEST VIRGINIA
Recipient Recipient CRD NumberCheckbox not checkedNone
 Stephen Haskell
 6864948
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Great Point Capital LLC
 114203
Street Address 1      Street Address 2
200 West Jackson Boulevard
Suite 1000
City State/Province/CountryZIP/Postal Code
 Chicago
 ILLINOIS
 60606
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
CALIFORNIA
NEW JERSEY
Recipient Recipient CRD NumberCheckbox not checkedNone
 DAI Securities, LLC
 36673
(Associated) Broker or DealerCheckbox checkedNone(Associated) Broker or Dealer CRD Number Checkbox checkedNone
  
  
Street Address 1      Street Address 2
2800 Century Parkway NE
Suite 650
City State/Province/CountryZIP/Postal Code
 Atlanta
 GEORGIA
 30345
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
ARIZONA
CALIFORNIA
FLORIDA
GEORGIA
MASSACHUSETTS
MICHIGAN
MINNESOTA
NEVADA
NEW YORK
NORTH CAROLINA
TENNESSEE
TEXAS
WASHINGTON
Recipient Recipient CRD NumberCheckbox not checkedNone
 Lawrence Karp
 78707108
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 1031 Securities Inc.
 326590
Street Address 1      Street Address 2
Boca Mizner Park
433 Plaza Real, Suite 725
City State/Province/CountryZIP/Postal Code
 Boca Raton
 FLORIDA
 33432
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
FLORIDA
Recipient Recipient CRD NumberCheckbox not checkedNone
 Jason Salmon
 6081963
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 FNEX Capital, LLC
 166316
Street Address 1      Street Address 2
2958 Columbia Street
 
City State/Province/CountryZIP/Postal Code
 Torrance
 CALIFORNIA
 90503
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
FLORIDA
MICHIGAN
VERMONT
Recipient Recipient CRD NumberCheckbox not checkedNone
 Preston Charlton
 2135631
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Wealthforge Securities, LLC
 152550
Street Address 1      Street Address 2
7051 Heathcote Village Way
Suite 200
City State/Province/CountryZIP/Postal Code
 Gainesville
 VIRGINIA
 20155
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
SOUTH CAROLINA
Recipient Recipient CRD NumberCheckbox not checkedNone
 David Gottlieb
 5739132
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 APW Capital, Inc.
 43814
Street Address 1      Street Address 2
999 Riverview Drive
Suite 201
City State/Province/CountryZIP/Postal Code
 Totowa
 NEW JERSEY
 07512
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
CALIFORNIA
Recipient Recipient CRD NumberCheckbox not checkedNone
 Kelly Clyde
 4825839
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Independent Financial Group, LLC
 7717
Street Address 1      Street Address 2
1520 N El Camino Real
Unit 1
City State/Province/CountryZIP/Postal Code
 San Clemente
 CALIFORNIA
 92672
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
CALIFORNIA
Recipient Recipient CRD NumberCheckbox not checkedNone
 Curtis J Sathre
 2459115
(Associated) Broker or DealerCheckbox not checkedNone(Associated) Broker or Dealer CRD Number Checkbox not checkedNone
 Quincy Wells Capital, LLC
 334163
Street Address 1      Street Address 2
145 South Wells
Ste 1301
City State/Province/CountryZIP/Postal Code
 Chicago
 ILLINOIS
 60606
State(s) of SolicitationCheckbox not checkedAll StatesCheckbox not checkedForeign/Non-US
 
OREGON



13. Offering and Sales Amounts
 
Total Offering Amount $
46170900
USDCheckbox not checkedIndefinite
Total Amount Sold $
11407329
USD
Total Remaining to be Sold $
34763571
USDCheckbox not checkedIndefinite
Clarification of Response (if Necessary)
Regarding Item 11, the Issuer may accept smaller investments in the Sponsor's sole discretion.
 
14. Investors

Checkbox not checkedSelect if securities in the offering have been or may be sold to persons who do not qualify as accredited investors,
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:
37
 
15. Sales Commissions & Finders’ 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$
4739697
USDCheckbox checkedEstimate
Finders' Fees$
0
USDCheckbox checkedEstimate
Clarification of Response (if Necessary)
Sales Commissions include estimates of the maximum amount of Selling Commissions and Dealer Fees that may be paid.
 

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.
 $ 
3063750
USDCheckbox checkedEstimate
Clarification of Response (if Necessary)
item 16 is an estimate of acquisition fees and offering and organizational expenses that may accrue to one or more Related Persons.

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, 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 Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) 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
JWCM Vivian, DST/s/Jason WarsavskyJason WarsavskyPresident of the Sponsor of the Issuer2026-04-27