1The named lender
analysisThe lending party named in the financing and settlement records is Sandton Capital Solutions Master Fund VI, LP. Its October 9, 2026 GLEIF record identifies a Cayman private fund created March 28, 2024, registration 2102284 and LEI 254900TLHT6DPW6S5E29. The LEI belongs to this fund, rather than Sandton Capital Partners. Care-of addresses at Intertrust and Sandton Capital Partners do not independently prove management or ownership; the retained API response links to a separate fund-manager endpoint without retaining its content. 1 2
analysisThe earlier financing contemplated a $60 million commitment, with $10 million initially available. The September 2025 settlement introduced borrowing up to $25 million and different collateral treatment; the later confirmed-plan definition uses that ceiling. Its printed September 25, 2024 agreement year conflicts with the 2025 financing chronology and is retained as an inconsistency, rather than converted into a genuine 2024 DIP transaction. Detailed borrower, collateral and repayment terms have their own relationship page. 3 4
sources in this section
- Court record source · s-d2 identified by category only · Court record
- GLEIF LEI record: Sandton Capital Solutions Master Fund VI, LP Global Legal Entity Identifier Foundation
- Court record source · s-d70 identified by category only · Court record
- Court record source · s-d144 identified by category only · Court record
2Distinct adviser and investment vehicles
analysisSandton Capital Partners' adviser filing identifies a separate registered adviser. Offshore Fund VI's Form D and the Co-Invest disclosure concern different legal entities. Co-Invest is reported as Cayman-organized with private-fund identification number 805-4762706389. Missing pages 85–93 of the retained adviser extraction prevent equating Co-Invest, the series general partner and the separately named DIP lender. A literal SEC name-search omission is not proof that a fund does not exist. 1 2 3 4 5
attributedSandton Capital Partners' April 17, 2026 Form ADV identifies a registered investment adviser, CRD 160364 and SEC 801-73961, at 16 West 46th Street in New York; this identifies the adviser separately from the DIP lending fund. 1 2
- qualification
- The adviser and offshore issuer are distinct from the master DIP lender; a shared address does not make them interchangeable.
unresolvedThe retained SEC name-search results for Sandton Capital Solutions show three onshore or offshore fund entries but no entry under the exact Master Fund VI lender name; the search does not establish that no filing exists. 3
- qualification
- Literal name-search nonappearance is a search limitation, not proof of nonexistence or wrongdoing.
analysisDimitri Korvyakov signed Offshore Fund VI's March 25, 2024 Form D as CFO of its investment manager. That filing capacity does not assign him ownership of the issuer or lending fund, and the offshore offering amount is not the size of Linqto's DIP facility. 5 3
sources in this section
- Sandton Capital Partners Form ADV, CRD 160364 U.S. Securities and Exchange Commission IAPD · 17 Apr 2026
- Court record source · s-d18 identified by category only · Court record
- SEC EDGAR company-name search: Sandton Capital Solutions U.S. Securities and Exchange Commission EDGAR · 9 Oct 2026
- SEC EDGAR issuer record: Sandton Capital Solutions Offshore Fund VI, LP U.S. Securities and Exchange Commission EDGAR · 9 Oct 2026
- Sandton Capital Solutions Offshore Fund VI Form D, 2024 U.S. Securities and Exchange Commission EDGAR · 25 Mar 2024
Recorded connections
- Linqto Texas, LLC to Sandton Capital Solutions Master Fund VI, LPDIP financing borrower from Sandtondocumented · Record reference date 2025-07-05; precise tenure not established · current or historical not established
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPReimbursed legal expenses to DIP lenderdocumented · Record reference date 2025-07-07; precise tenure not established · historical
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPListed DIP borrowing relationship of debtor groupdocumented · Listed current or former relationship, 2025-08-21 · current or historical not established
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPJoint and several borrower under September settlement's $25 million DIP facilityreported · 2025-09-16 · current or historical not established
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPDIP collateral grantor; platform securities and proceeds excluded under settlementreported · 2025-09-16 · current or historical not established
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPInterim DIP collateral grantor, subject to carve-out and stated termsdocumented · 2025-07-08 · historical
- Jeffrey S. Stein to Sandton Capital Solutions Master Fund VI, LPAuthorized attorney-in-fact for lender securities sales with committee consentreported · Record reference date 2025-09-16; precise tenure not established · current or historical not established
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPDIP debtor reporting financing in July 2026 balance sheet; units inconsistentreported · Record reference date 2026-07-31; precise tenure not established · current or historical not established
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPJoint and several DIP borrower under July 8, 2025 interim orderdocumented · 2025-07-08 · historical details →
- Linqto, Inc. to Sandton Capital Solutions Master Fund VI, LPDIP borrower under October 2025 final financing orderdocumented · From 2025-10-06 in source; subsequent end not established · current or historical not established