# EDGAR Filing Document

**Accession Number:** 0001660987
**File Stem:** 0001104659-25-125264
**Filing Date:** 2025-12
**Character Count:** 4534
**Document Hash:** 5907e67b155d32b73d7eccb8775a3f15
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-125264.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0001104659-25-125264

**CONFORMED SUBMISSION TYPE**: 1-U

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251229

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20251230

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fundrise eFund, LLC
- **CENTRAL INDEX KEY:** 0001660987
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 611775059
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-U
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00086
- **FILM NUMBER:** 251614785

**BUSINESS ADDRESS:**
- **STREET 1:** 11 DUPONT CIRCLE NW
- **STREET 2:** 9TH FLOOR
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 2025840550

**MAIL ADDRESS:**
- **STREET 1:** 11 DUPONT CIRCLE NW
- **STREET 2:** 9TH FLOOR
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Fundrise For-Sale Housing eFUND - Los Angeles CA, LLC
- **DATE OF NAME CHANGE:** 20161213

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Fundrise National Opportunistic Office, LLC
- **DATE OF NAME CHANGE:** 20151214

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM 1-U**

**CURRENT REPORT**

**Pursuant to Regulation A of the Securities Act of 1933**

**December 29, 2025**

(Date of Report (Date of earliest event reported))

**FUNDRISE EFUND, LLC**

(Exact name of registrant as specified in its charter)

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| | |
|:---|:---|
| &nbsp;&nbsp;**Delaware** | &nbsp;&nbsp;**61-1775059** |
| &nbsp;&nbsp;(State or other jurisdiction of incorporation) | &nbsp;&nbsp;(IRS Employer Identification No.) |

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| | |
|:---|:---|
| &nbsp;&nbsp; **11 Dupont Circle NW, 9th Floor**<br> **Washington, DC** | &nbsp;&nbsp; <br> **20036** |
| &nbsp;&nbsp;(Address of principal executive offices) | &nbsp;&nbsp;(ZIP Code) |

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**(202) 584-0550**

(Registrant's telephone number, including area code)

**Common Shares**

(Title of each class of securities issued pursuant to Regulation A)

**Item 9.** **Other Events**

Effective December 29, 2025, Fundrise eFund, LLC has merged (the "Merger") with and into Fundrise Equity REIT, LLC ("Fundrise Equity REIT"), with Fundrise Equity REIT as the surviving entity. Details of the Merger may be found in Fundrise Equity REIT's final offering circular dated December 29, 2025 located [here](https://www.sec.gov/Archives/edgar/data/1648956/000110465925124817/tm2534388d1_253g2.htm).

<u>Safe Harbor Statement</u>

This Current Report on Form 1-U contains forward-looking statements within the meaning of the federal securities laws. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled "Risk Factors" in the most recently qualified Offering Statement on Form 1-A filed with the Securities and Exchange Commission ("SEC"), as such factors may be updated from time to time in our periodic filings and prospectus supplements filed with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | |
|:---|:---|
| FUNDRISE EFUND, LLC | FUNDRISE EFUND, LLC |
| By: | Fundrise Advisors, LLC |
| Its: | Manager |
| By: | /s/ Benjamin St. Angelo |
| Name: | Benjamin St. Angelo |
| Title: | Authorized Person |

---

Date: December 30, 2025