# VENTUREAIDE CAPITAL, LLC X-17A-5 (2025-02-28) — Broker-dealer annual report - Company: VENTUREAIDE CAPITAL, LLC - Form: X-17A-5 - Filed: 2025-02-28 - Period: 2024-12-31 - Accession: 0001753041-25-000001 - CIK: 1753041 - File #: 8-70211 - Type: Broker-dealer - Material weakness: No - Auditor: VICTOR MOKUOLU CPA PLLC - Auditor location: Houston, TX - Contact: GARY CUCCIA - Phone: 732-713-9607 - Email: gary@finopcfo.com - Website: finopcfo.com - Signed by: Shubha Ukhade (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1753041/000175304125000001/edgarventureaidefs.pdf --- {0}------------------------------------------------ I Supplemental Schedules es and Exchange Commission Financial Statements and Required by the U.S. Securiti lic Accounting Firm's Report Thereon Including Independent Registered Pub > December 31, 2024 For the Year Ended {1}------------------------------------------------ #### FINANCIAL STATEMENTS, FORM X-17A-5, PART III, SUPPLEMENTAL INFORMATION, AND REPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM #### DECEMBER 31, 2024 #### CONTENTS | FORM X-17A-5, PART III | PAGE | |-----------------------------------------------------------------------------------------------------------------------------------------------------|------| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | | | FINANCIAL STATEMENTS | | | Statement of Financial Condition | | | Statement of Operations | 6 | | Statement of Changes in Member's Equity | | | Statement of Cash Flows | 8 | | Notes to Financial Statements | | | SUPPLEMENTAL INFORMATION - Schedule I
COMPUTATION OF NET CAPITAL UNDER RULE 15c3-1 | | | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | | | MANAGEMENT'S REPORT ON EXEMPTION | | | COMPUTATION FOR DETERMINATION OF THE RESERVE REQUIREMENTS UNDER THE
SECURITIES AND EXCHANGE COMMISSION RULE 15c3-3-Schedule II - www.uuuuuuu. 15 | | | INFORMATION RELATING TO THE POSSESSION OR CONTROL REQUIREMENTS
UNDER THE SECURITIES AND EXCHANGE COMMISSION RULE 1563-3 | | #### Independent Auditor's Report {2}------------------------------------------------ STATES HANGE COMMISSION , D.C. 20549 UNITED SECURITIES AND EXC Washington > ETII REPORTS SEC FILE NUMBER -17A-5 8-70211 PAR ANNUAL FORM OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden bours ner resnonse: 12 G PAGE FACINC -, and 18a-7 under the Securities Exchange Act of 1934 Information Required Pursuant to Rules 17a-5, 17a-12 FILING FOR THE PERIOD BEGINNING 1/1/2024 D/YY MM/DE MM/DD/YY 12/31/2024 DENTIFICATION A. REGISTRANT #### ILLC NAME OF FIRM:VentureAide Capital TYPE OF REGISTRANT (check all applicable boxes): er Broker-dealer Security-based swap deale Check here if respondent is also an OTC derivatives deal Major security-based swap participant AND ENDING use a P.O. box no.) ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do no ## 32018 N 20th Lane | | Street)
(No. ane | | | | |----------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------|-----------------|-------------------|--| | Phoeniy | 1
7 | | | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | R
Y CUCCIA
G
A | 732-713
-9607 | | gary@finopcfo.com | | | (Name) | (Area Code - Telep
ohone Number) | (Email Address) | | | | | | | | | | | В ACCOUMTAMT
IDETIEICATIO | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports
VICTOR M
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(Name- if individual state
last. first and middle name) | | | | | 8990 Kirby Drive, Suite 220 | Hou
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1/10/2021 | | 6771 | | | eports be covered by the reports of an independent public cumstances relied on as the basis of the exemption. See 17 Claims for exemption from the requirement that the annual re accountant must be supported by a statement of facts and cin CFR 240.17a-5(e)(1)(ii), if applicable. ptained in this form are not required to resnond unless the form displays a currently valid OMB control number. Persons who are to resnond to the collection of information co {3}------------------------------------------------ #### OATH OR AFFIRMATION | STERT FRANCE ICAL | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Shubha Ukhade | | swear (or affirm) that, to the best of my knowledge and belief, the
financial report pertaining to the firm of VentuureAide Capital LLC
12/31 | | , 2024___ is true and correct. I further swear (or affirm) that neither the company nor any | | partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely
MADISON LERTZMAN
Notary Public - Arizona
Maricopa County
Signature:
Commission # 668608
My Comm. Expires Jun 15, 2028 | | litle: | | Chief Execuitive Officer | | Notary Public | | | | This filing** contains (check all applicable boxes):
(a) Statement of financial condition. | | □ (b) Notes to consolidated statement of financial condition. | | | | (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of | | comprehensive income (as defined in § 210.1-02 of Regulation S-X).
(d) Statement of cash flows. | | | | (e) Statement of changes in stockholders' or partners' or sole proprietor's equity.
□ (f) Statement of changes in liabilities subordinated to claims of creditors. | | (g) Notes to consolidated financial statements. | | | | (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable.
[i) Computation of tangible net worth under 17 CFR 240.18a-2. | | ■ (j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. | | □ (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or | | Exhibit A to 17 CFR 240.18a-4, as applicable. | | (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. | | ■ (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. | | □ (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR | | 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable. | | (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net | | worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 | | CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences | | | | □ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. | | (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. | | □ (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. | | (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7. as applicable. | □ (t) Independent public accountant's report based on an examination of the statement of financial condition. 国 (u) Independent public accountent of the stamination of the statement of financial condition. CFR 240.17a-5, 17 CFR 240.18a-7, or 12 CFR 240.17a-12, as annination of the CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - □ (v) Independent public accurrent > P or C + C + C + 2 + 2 + 2 + 2 + 2 + 2 + 1 + 1 + CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable CFR 240.18a-7, as applicable. - □ (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, 1 as applicable. - 口 (y) Report describing any material inadequacies found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17, a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). (z) Other - O (z) Other: \*\* To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), as applicable. {4}------------------------------------------------ #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To: Members VentureAide Capital LLC #### Opinion on the Financial Statements We have audited the financial statements of VentureAide Capital LLC ("the Company"), which comprise the statement of financial condition as of December 31, 2024, and the related statements of operations, changes in members' equity, and cash flows for the year ended December 31, 2024, and the related notes to the financial statements (collectively referred to as the "financial statements"). In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of VentureAide Capital LLC as of December 31, 2024, and the results of its operations and its cash flows for the year ended December 31, 2024 in accordance with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion. #### Supplemental Information The Schedule I, Computation of Net Capital, Schedule II, Computation for Determination of the Reserve Requirements, and Schedule III, Information Relating to the Possession or Control Requirements, under SEC Rule 15c3-1 have been subject to audit procedures performed with the audit of VentureAide Capital LLC's financial statements. The supplemental information is the responsibility of VentureAide Capital LLC's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with C.F.R. 240.17a-5, or other criteria. In our opinion, the Schedule I, Computation of Net {5}------------------------------------------------ # VICTOR MOKUOLU, CPA PLLC Accounting | Advisory | Assurance & Audit | Tax Capital, Schedule II, Computation for Determination of the Reserve Requirements, and Schedule III, Information Relating to the Possession or Control Requirements under SEC Rule 15c3-1 is fairly stated, in all material respects, in relation to the financial statements as a whole. Victor Mokeolu, CPSA PLCC We have served as the Company's auditor since 2021. Houston, Texas, PCAOB ID: 6771 February 28, 2025 {6}------------------------------------------------ #### STATEMENT OF FINANCIAL CONDITION ## DECEMBER 31, 2024 #### ASSETS | Cash and cash equivalents
Prepaid expenses and other assets | S | 15,140
597 | |----------------------------------------------------------------|----|---------------| | TOTAL ASSETS | et | 15,732 | | LIABILITIES AND MEMBER'S EQUITY | | | | LIA BIO LIES
Accrued expenses and other liabilities | S | ਦੇ ਤੋ | | TOTAL LIABILITIES | | રે રે | | MEMBER'S EQUITY | | 15,679 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | ಕಾ | 15,732 | {7}------------------------------------------------ #### STATEMENT OF OPERATIONS #### FOR THE YEAR ENDED DECEMBER 31, 2024 | REVENUES | | | |-------------------|-------|----------| | Advisory Fees | સ્ત્ર | 93,500 | | | | | | TOTAL REVENUES | | 93,500 | | EXPENSES | | | | Professional Fees | | 135,193 | | Regulatory Fees | | 1,288 | | Other | | 127 | | | | | | TOTAL EXPENSES | | 136,608 | | | | | | NET LOSS | S | (43,108) | | | | | {8}------------------------------------------------ ## STATEMENT OF CHANGES IN MEMBER'S EQUITY ## FOR THE YEAR ENDED DECEMBER 31, 2024 | BALANCE - BEGINNING OF YEAR | မှ | 58.787 | |-----------------------------|----|----------| | Net loss | | (43,108) | | BALANCE - END OF YEAR | | 15.679 | {9}------------------------------------------------ ## STATEMENT OF CASH FLOWS #### FOR THE YEAR ENDED DECEMBER 31, 2024 | OPERATING ACTIVITES | | |-----------------------------------------------------------------------------|---------------| | Net loss | S
(43,108) | | Adjustments to reconcile net loss to net cash used in operating activities: | | | Decrease in operating assets: | | | Accounts receivable | 25,500 | | Prepaid expenses and other assets | 496 | | Decrease in operating liabilities: | | | Accrued expenses and other liabilities | (15,425) | | TOTAL ADIOS IMENTS | 10,571 | | NET CASH USED IN OPERATING ACTIVITIES | (32,537) | | NET CASH PROVIDED BY FINANCING ACTIVITIES | | | NET CASH PROVIDED BY INVESTING ACTIVITIES | | | NET DECREASE IN CASH AND CASH EQUIVALENTS | (32,537) | | CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR | 47,677 | | CASH AND CASH EQUIVALENTS - END OF YEAR | S
15,140 | {10}------------------------------------------------ #### NOTE I ORGANIZATION AND NATURE OF BUSINESS VentureAide Capital, LLC (the "Company"), is registered as an introducing broker with the Financial Industry Regulatory Authority ("FINRA"), the Securities and Exchange Commission ("SEC") and the Securities Investor Protection Corporation ("SIPC"). The Company was approved for FINRA membership on December 7, 2020. The Company was formerly organized on December 12, 2019 in the state of Arizona pursuant to the Arizona Limited Liability Company Act. The Company is owned by a principal of the firm and the principal's spouse. VentureAide Capital is a global, independent investment bank focused on creating value for middle-market businesses. The Company provides Mergers & Acquisitions and Capital Raise (equity and debt) advisory services for technology companies. #### NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES #### Basis of presentation The financial statements are presented on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America ("GAAP") as required by the SEC and FINRA. #### Use of estimates in the preparation of financial statements. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. #### Income Taxes The Company is classified as a limited liability company and all taxes pass through to the members. The Company implemented ASC 740-10-65-1 for uncertain tax provisions. For the year ended December 31, 2024, the Company had no uncertain tax positions. #### Cash and Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. #### Revenue Recognition The Company implemented ASC 606 for revenue recognition. The standard provides a comprehensive, industry-neutral revenue recognition model intended to increase financial statement comparability across various companies, aiming at recognizing revenue when the entity satisfied a certain performance obligation. {11}------------------------------------------------ #### NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES (Continued) The scope of the services includes commission revenue recognized on a trade date basis and advisor fees and placement fees from fundraising activities. Revenue from Contracts with Customers: Advisory Fees from Fundraising Activities and Investment Banking/Merger and Acquisition (M&A) Services - These services include agreements to provide advisory services to customers for which the Company charges the customers fees. The Company provides fundraising and investment banking/merger & acquisition advisory services. The agreements with customers generally contain a non-refundable retainer or other form of upfront fee, as well as a success fee, which may be a fixed amount or represent a percentage of value that the customer receives, if and when the activity is completed ("success fee"). The retainer or other form of upfront fee often reduces any success fee subsequently invoiced upon the completion of the Company's services. The Company has evaluated its nonrefundable retainer or other form of upfront fee payments, to ensure that its fee relates to the transfer of a good or service, as a distinct performance obligation, in exchange for the retainer or other form of upfront fee. If a promised good or service is not distinct, the Company combines that good or service with other promised goods or services until it identifies a bundle of goods or services that is distinct or until completion of the Company's services. In some cases, that would result in the broker-dealer accounting for all the services promised in a contract as a single performance obligation and the retainer or other form of upfront fee classified as deferred revenue on the Statement of Financial Condition. As of December 31, 2024 the Company had no deferred revenue. The Company is evaluating new accounting standards and will implement as required. #### NOTE 3 - CONCENTRATION OF CREDIT RISK The Company maintains cash balances at financial institutions whose accounts are insured by the Federal Deposit Insurance Corporation ("FDIC") up to statutory limits. The Company's cash balances may, at times, exceed statutory limits. The Company has not experienced any losses in such accounts, and management considers this to be a normal business risk. The Company has three customers. The Company received approximately 45%, 39% and 16% of its revenue from each of the customers. #### NOTE 4-RELATED PARTY TRANSACTIONS In 2024 the Company expensed \$115.000 to VentureAide, LLC an affiliated company for consulting services provided. {12}------------------------------------------------ #### NOTE 5 - NET CAPITAL REQUIREMENTS The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (SEC Rule 15c3-1), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. The rule of the "applicable" exchange also provides that equity capital may not be withdrawn if the resulting net capital ratio would exceed 10 to 1. At December 31, 2024, the Company had regulatory net capital of \$15,087, which was \$10,087 in excess of its required minimum of \$5,000. The Company's percent of aggregate indebtedness to net capital ratio was .35%. The Company will not claim an exemption from SEC Rule 15c3.3 in reliance on footnote 74 in SEC Release 34.70073 and as discussed in O&A 8 of the related FAQ issued by SEC staff. The Company has represented that it does not and will not (1) directly or indirectly receive, hold or otherwise owe funds or securities for or to customers. (2) does not and will not carry accounts of or for customers and (3) does not and will not carry PAB accounts. The Company's business activities are and will remain as described below. - · Engage in the following type of businesses: - · Private placement of securities: and - · Mergers and acquisitions advisory services. #### NOTE 6-COMMITMENTS AND CONTINGENCIES The Company currently has no commitments and contingencies. #### Note 7-RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS The Company is subject to ongoing revisions to the GAAP standards in effect applicable to the preparation of its financial statements. The Company has either evaluated or is currently evaluating the impact of pending FASB pronouncements. The Company believes that these future standards will not have a material impact on its financial statements. The Financial Accounting Standards Board ("FASB") issued ASU 2023-07 on segment reporting effective for entities with fiscal years beginning after December 15, 2023. ## Factors used to identify reportable segments and types of products and services from which reportable segment derives revenue The Company has one reportable segment: investment banking / investment advisory consulting services. The Company receives revenue for investment banking / investment advisory consulting services where the Company will receive a consulting {13}------------------------------------------------ #### Note 7-RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Continued) fee for services performed or success fee for consummated transactions. The Company derives revenue primarily in North America. #### Title and position of the CODM The Company's chief operating decision maker is the chief executive officer. #### Measure of profit or loss and total assets The accounting policies of the segments are the same as those described in the summary of significant accounting policies. Securities transactions, as well as the associated commission revenue and costs, are recorded on the trade date. The Company's performance obligation is satisfied on the trade date because that is when the underlying securities, counterparty, and pricing have been determined; and ownership risks and rewards are transferred. The Company's performance obligation is satisfied when the investment banking / advisor services are performed. #### NOTE 8 - SUBSEQUENT EVENT The Company evaluated transactions occurring after the year ended December 31, 2024. through February 2028, 2025, the date these financial statements were available for issuance and determined no transactions or events require disclosure. {14}------------------------------------------------ #### VENTUREAIDE CAPITAL, LLC ## COMPUTATION OF NET CAPITAL PURSUANT TO SEC RULE 15C3-1 SCHEDULE I 12/31/2024 | TOTAL ASSETS | લ્ક | 15,732 | |--------------------------------------------------------|-------|---------| | TOTAL LIABILITIES | | 53 | | NET WORTH | | 15,679 | | LESS NON-ALLOWABLE ASSETS | | 592 | | CURRENT CAPITAL | | 15,087 | | LESS HAIRCUTS | | | | NET CAPITAL | લ્ક | 15,087 | | REQUIRED NET CAPITAL (GREATER OF \$5K OR 6 2/3% OF AI) | | 5,000 | | EXCESS NET CAPITAL | લ્ક્ર | 10,087 | | | | | | AGGREGATE INDEBTEDNESS | લ્ક | 53 | | AGGREGATE INDEBTEDNESS TO NET CAPITAL | | 0.35% | | MINIMUM REQUIRED NET CAPITAL | | \$5,000 | | 6 2/3% OF AGGREGATE INDEBTEDNESS (12.5% 1st 12 months) | | \$7 | | DEBT / EQUITY RATIO | | N/A | The net capital computed above and the Company's computation of net capital on its amended December 31, 2024 FOCUS Report - Part IIA agree. As a result, no reconciliation is necessary. {15}------------------------------------------------ # VICTOR MOKUOLU, CPA PLLC Accounting | Advisory | Assurance & Audit | Tax #### Report of the Independent Registered Public Accounting Firm To: Members VentureAide Capital LLC We have reviewed management's statements, included in the accompanying Exemption Report of VentureAide Capital LLC ("Exemption Report") pursuant to SEC Rule 17a-5, in which VentureAide Capital LLC is filing its Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5(d)(1) and (4) because VentureAide Capital LLC ("Broker-dealer") limits its business activities exclusively to: - (1) effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to broker-dealer, and - (2) receiving transaction-based compensation for identifying potential merger and acquisition opportunities for clients, and broker-dealer - · did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to broker-dealer); - · did not carry accounts of or for customers; and - · did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. VentureAide Capital LLC's management is responsible for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about VentureAide Capital LLC's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5(d)(1) and (4). Victor Mokudu, CPSA PLAC Houston, Texas February 28, 2025 {16}------------------------------------------------ #### VentureAide Capital, LLC's Exemption Report December 31, 2024 VentureAide Capital, LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. §240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following: · The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to: (1) effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company and (2) receiving transaction-based compensation for identifying potential merger and acquisition opportunities for clients. The Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year. I, Shubha Ukhāde, swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. Chief Executive Officer February 28, 2025 Date 2 Footnote 74 of Release No. 34-70073 and the related SEC Staff Frequently Asked Questions contemplate a broker- dealer that: (1) does not directly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) does not carry accounts of or for customers; and (3) does not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year. A broker-dealer that has one or more deviations from the practices described in Footnote 74 and the SEC Staff FAQs should consider whether it is appropriate for the broker-dealer to file a compliance report as opposed to an exemption report taking into account the nature and extent of the deviation or deviation. {17}------------------------------------------------ VentureAide Capital, LLC December 31, 2024 #### SCHEDULE II ## COMPUTATION FOR DETERMINATION OF THE RESERVE REQUIREMENTS UNDER THE SECURITIES AND EXCHANGE COMMISSION RULE 15c3-3 #### December 31, 2024 The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5. The Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers; (2) did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year. #### SCHEDULE III #### December 31, 2024 The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5. The Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers; (2) did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.