# JAVELIN PRIVATE CAPITAL GROUP LLC X-17A-5 (2026-02-24) — Broker-dealer annual report - Company: JAVELIN PRIVATE CAPITAL GROUP LLC - Form: X-17A-5 - Filed: 2026-02-24 - Period: 2025-12-31 - Accession: 0001842624-26-000001 - CIK: 1842624 - File #: 8-70661 - Type: Broker-dealer - Material weakness: No - Auditor: Forvis Mazars, LLP - Auditor location: New York, NY - Contact: Anthony Shaw - Phone: 212-751-4422 - Email: ashaw@dfppartners.com - Website: dfppartners.com - Signed by: Jerrod Freund (CO-CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1842624/000184262426000001/javs.pdf --- {0}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 sec file number 8-70661 ### ANNUAL REPORTS FORM X-17A-5 PART III FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 AND ENDING\_12/31/2025 filing for the period beginning 01/01/2025 MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION ## NAME OF FIRM: Javelin Private Capital Group LLC TYPE OF REGISTRANT (check all applicable boxes): □ Broker-dealer □ Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) ### 800 3RD Ave, Suite 3703 | | (No. and Street) | | | | |--------------------------------------------------|------------------------------------------------------------|--------------------------------------------|-----------------|--| | New York | NY | | 10022 | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | Anthony Shaw | 212-751-4422 | ashaw@dfppartners.com | | | | (Name) | (Area Code - Telephone Number) | | (Email Address) | | | | B. ACCOUNTANT IDENTIFICATION | | | | | Forvis Mazars, LLP | (Name - if individual, state last, first, and middle name) | | | | | 135 West 50th Street | New York | NY | 10020 | | | (Address) | (City) | (State) | (Zip Code) | | | 10/16/2003 | 686 | | | | | (Date of Registration with PCAOB)(if applicable) | | (PCAOB Registration Number, if applicable) | | | | | FOR OFFICIAL USE ONLY | | | | | | | | | | \* Claims for exemption from the requirement that the annual reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(1)(ii), if applicable. Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. {1}------------------------------------------------ #### OATH OR AFFIRMATION | Jerrod Freund | , swear (or affirm) that, to the best of my knowledge and belief, the | |------------------------------------------------------------------------------|-----------------------------------------------------------------------| | financial report pertaining to the firm of Javelin Private Capital Group LLC | as of | | 19/21 | | 12/31 , 2 025 , 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 as that of a customer. Itike CO-CEC #### 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. - □ (l) 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 capible 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 exist. - | (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - | | Oath or affirmation in accordance with 17 CFR 240.17a-5, 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. - □ (u) Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - □ (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 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. - | (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - □ (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 CFR 240.17a-12(k). - □ (z) Other: - \*\* To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(2), as applicable. {2}------------------------------------------------ ### **Javelin Private Capital Group LLC (Wholly Owned Subsidiary of Javelin Global Commodities (US) LP)** Financial Statement December 31, 2025 (With Report of Independent Registered Public Accounting Firm) {3}------------------------------------------------ ### **Javelin Private Capital Group LLC** **(Wholly Owned Subsidiary of Javelin Global Commodities (US) LP)** Table of Contents **Page Report of Independent Registered Public Accounting Firm** 1 **Financial Statement:** Statement of Financial Condition 2 Notes to Financial Statement 3–5 {4}------------------------------------------------ ![](_page_4_Picture_1.jpeg) ### **Report of Independent Registered Public Accounting Firm** Member Javelin Private Capital Group LLC #### *Opinion on the Financial Statement* We have audited the accompanying statement of financial condition of Javelin Private Capital Group LLC (the "Company") as of December 31, 2025, including the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2025, in conformity with accounting principles generally accepted in the United States of America. #### *Basis for Opinion* This financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statement 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 statement is 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 statement, 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 statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. **Forvis Mazars, LLP** We have served as the Company's auditor since 2024. **New York, New York February 20, 2026** {5}------------------------------------------------ ### **Javelin Private Capital Group LLC** **(Wholly Owned Subsidiary of Javelin Global Commodities (US) LP)** Statement of Financial Condition December 31, 2025 | | 2025 | | |------------------------------------------|------|-----------| | Assets | | | | Cash | \$ | 2,138,788 | | Prepaid expenses | | 5,813 | | Total Assets | \$ | 2,144,601 | | Liabilities and Member's Equity | | | | Accounts payable and accrued liabilities | \$ | 123,689 | | Due to affiliates | | 234,632 | | Total Liabilities | | 358,321 | | Total Member's Equity | | 1,786,280 | | Total Liabilities and Member's Equity | \$ | 2,144,601 | | | | | The accompanying notes are an integral part of this financial statement. {6}------------------------------------------------ # **Javelin Private Capital Group LLC** **(Wholly Owned Subsidiary of Javelin Global Commodities (US) LP)** Notes to Financial Statement December 31, 2025 #### **(1) Business and Organization** Javelin Private Capital Group LLC (the "Company") was formed on June 1, 2020 as a limited liability company in the state of Missouri. The Company is a member of the Financial Industry Regulatory Authority, Inc ("FINRA") and became a registered broker-dealer under the Security Exchange Act of 1934 effective November 18, 2021. The Company is a wholly owned subsidiary of Javelin Global Commodities (US) LP (the "Parent"). The ultimate parent entity is Javelin Global Commodities Holdings LLP. The Company will act as a placement agent and assist firms in raising capital. #### **(2) Summary of Significant Accounting Policies** These financial statements have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP). All amounts are expressed in United States dollars (U.S. dollars) unless otherwise stated. The following is a summary of the significant accounting and reporting policies used in preparing the financial statements. #### *(a) Use of Estimates* The preparation of financial statements requires management to make certain estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. #### *(b) Prepaid Expenses* The Company from time to time makes payments in advance to third parties for regulatory fees or other items. As of December 31, 2025, the Company had \$5,813 of prepaid expenses reported on its statement of financial condition. #### *(c) Income Taxes* On November 18, 2021 the Company adopted ASU 2019-12 (Topic 740), which simplifies the accounting for legal entities not subject to tax. The Company is a single member limited liability company. The Internal Revenue Code ("IRC") provides that any income or loss is passed through to the member for federal and state income tax purposes. Accordingly, the Company has not provided for federal, state, or local income taxes. At December 31, 2025, management has determined that the Company had no uncertain tax positions that would require financial statement recognition. This determination will always be subject to ongoing reevaluation as facts and circumstances may require. The Company remains subject to U.S. federal and state income tax audits for all periods subsequent to 2021. In accordance with ASC 740, Income Taxes, the Company evaluates its tax positions to determine whether it is more likely than not that such positions would be sustained upon examination by tax authorities. Management has analyzed the tax positions taken by the Company, and has concluded that there were no uncertain tax positions that would have a material effect on the financial statements as of December 31, 2025. The Company is subject to income tax examination by the Internal Revenue Service, and other jurisdictions, however there are currently no audits in progress. {7}------------------------------------------------ ### **Javelin Private Capital Group LLC (Wholly Owned Subsidiary of Javelin Global Commodities (US) LP)** Notes to Financial Statement December 31, 2025 #### **(3) Concentration of Risk** In the normal course of business, the Company maintains its cash balances, which may exceed federally insured limits, in at least one financial institution. The Company has not experienced any losses on these accounts and is not exposed to any significant credit risk with respect to its depository. #### **(4) Commitments & Contingencies** The Company may be subject to claims and litigation in the ordinary course of business. In management's opinion, based upon the information available as of the date these financials are available to be issued, there are no litigation claims against the Company that would have a material impact on the operating results of the Company. #### **(5) Related-Party Transactions** The Company had entered into an administrative services agreement with the Parent and Javelin Global Commodities Services Ltd, an English private limited company (the "Affiliate"). Under the terms of the agreement the Company is responsible for payment of its share of professional and administrative salaries, health insurance, and a sublicense fee for office space and equipment. A related payable balance of \$234,632 is included as Due to affiliates in the Statement of Financial Position. The Company has a history of incurring recurring losses from operations, and has relied upon capital contributions from the Parent to fund operating activities. The Company's ability to continue as a going concern is dependent upon the continued financial support from the Parent. The Parent has indicated that it will provide additional capital as needed to sustain the Company one year from the date these financial statements are available to be issued. #### **(6) Net Capital** The Company, as a registered broker-dealer in securities, is subject to the Securities Exchange Commission Uniform Net Capital Rule (Rule 15c3-1). As of April 2021, FINRA approved the Company to maintain a minimum net capital requirement of the higher of \$5,000 (or 6.66% of aggregate liabilities) pursuant to Rule 15c3-1. As of December 31, 2025, the Company had net capital of \$1,780,467 and excess net capital of \$1,756,579. {8}------------------------------------------------ ### **Javelin Private Capital Group LLC (Wholly Owned Subsidiary of Javelin Global Commodities (US) LP)** Notes to Financial Statement December 31, 2025 #### **(7) Segment Reporting** The Company is engaged in a single line of business as a securities broker-dealer, which is comprised of several classes of services, including private capital raising and related advisory services. The Company has identified its Chief Executive Officers as the chief operating decision maker ("CODM"), who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital (see Note 6), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay distributions. The Company's operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. The Company's segment revenue and expenses are in line with what is in the Company's statement of operations and includes all significant categories that are provided to the CODM for review. Also, the segment assets are the same as those reported in the Company's statements of financial condition. #### **(8) Subsequent Events** The Company has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date these financial statements were available to be issued. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.