# HBS Research Farms, LLC — Form D

HBS Research Farms, LLC of BALTIC, SD, a company, filed a Form D exempt-offering notice with the SEC on 2026-05-05. The offering totals $50.0M, of which $5.7M was reported sold. Industry: Other.

## Offering

- Filed: 2026-05-05
- Form: D
- Accession: 0001858497-26-000003
- Industry: Other
- Exemptions: 06b
- Total offering: $50.0M
- Amount sold: $5.7M
- Remaining: $44.4M
- Minimum investment: $25K
- Investors: 4
- Security types: debt
- Revenue range: Decline to Disclose
- SEC file number: 021-582856

## Issuer

- Name: HBS Research Farms, LLC
- CIK: 0001858497
- Entity type: Limited Liability Company
- Jurisdiction: SOUTH DAKOTA
- Address: 47508 252ND STREET, BALTIC, SD, 57003
- Phone: 605-529-5480

## Officers, directors & promoters (2)

| Name | Role | Location |
| --- | --- | --- |
| Brian Hefty | Related Person | Baltic, SD |
| Brian Hefty | Director | Baltic, SD |

## Other filings by this issuer (5)

| Filed | Form | Offering | Sold |
| --- | --- | --- | --- |
| [2025-04-29](https://search.stillhousedata.com/formd/0001858497-25-000002) | D/A | $25.0M | $21.3M |
| [2024-04-16](https://search.stillhousedata.com/formd/0001858497-24-000001) | D/A | $25.0M | $15.7M |
| [2023-04-17](https://search.stillhousedata.com/formd/0001858497-23-000001) | D/A | $25.0M | $14.4M |
| [2022-09-06](https://search.stillhousedata.com/formd/0001858497-22-000001) | D/A | $25.0M | $5.9M |
| [2021-04-23](https://search.stillhousedata.com/formd/0001858497-21-000001) | D | $25.0M | $275K |

## More

- [CIK 1858497 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1858497&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/formd/0001858497-26-000003.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.