PART II and III Paradise Valley Fund
January 13, 2026

Form 1-A Regulation A Tier 1 Offering Statement

PART II - OFFERING CIRCULAR

Edgar file No. ***-****

Item 1 Cover Page

An offering statement pursuant to Regulation A relating to these securities has been filed with the Securities and Exchange Commission. Information contained in this Offering Circular is subject to completion or amendment. These securities may not be sold nor may offers to buy be accepted before the offering statement filed with the Commission is qualified. This Offering Circular shall not constitute an offer to sell or the solicitation of an offer to buy nor there would any sales of these securities in any state in which such offer, solicitation or sale be unlawful before registration or qualification under the laws of any such state. We may elect to satisfy our obligation to deliver a Final Offering Circular by sending you a notice within two business days after the completion of our sale to you that contains the URL where the Final Offering Circular or the offering statement in which such Final Offering Circular was filed may be obtained.

PART II – OFFERING CIRCULAR

Form 1-A Regulation A Tier 2 Offering Statement
Edgar file No. 367-10517

Item 1. Cover Page of Offering Circular

Athlete Films, LLC

Principle Executive Office Address:

244 5th Avenue, Suite Q260, New York, NY 10001

Phone: 917-719-1262

http://www.athletefilmsfund.com

January 15, 2025

We are offering a maximum of 20,000,000 of Class A Common Shares at a fixed price of $10 per share (ten dollars) in a “Tier 2 Offering” under Regulation A (the “Offering”). This Offering is being conducted on a “Best Efforts” minimum/maximum. Our Class A Common Shares are not listed on any national securities exchange or in the over-the-counter inter-dealer quotation system and there is no market for our Class A Common Shares. Please see Part II Item 14 for the disclosure of the Securities Being Offered in this Offering Statement.

The Offering will terminate on December 31, 2026; or when the Board of Directors decides that it is in our best interest to terminate the Offering. There is not a minimum required sale in order to effectively operate the company. Every dollar shall proportionately be applied to The Company’s use of proceeds starting with management, technology, legal and accounting expenses. In the event we do not sell any Class A Common Shares by December 31, 2026, We will adjust our use of proceeds to prioritize the capital investment received to be used on building out our technology, marketing, legal and accounting platforms. Sale to the public shall commence within 30 days following the date this offering statement is qualified.

This Form 1-A is following the Offering Circular format rather than Part I of Form S-1. The purchase of the securities offered through this Offering Circular involves a high degree of risk. You should carefully read the entire Offering Circular, including the section entitled “Risk Factors” before buying any Class A Common Shares. Risk Factors section can be found by referencing Part II Item 3.

The United States Securities and Exchange Commission does not pass upon the merits of or give its approval to any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering circular or other solicitation materials. These securities are offered pursuant to an exemption from registration with the Commission; however, the Commission has not made an independent determination that the securities offered are exempt from registration.

Item 2. Table of Contents

Table of Contents

Item 3. Summary and Risk Factors

Item 4. Dilution

Item 5. Plan of Distribution and Selling Securityholders

Item 6. Use of Proceeds to Issuer

Item 7. Description of Business

Item 8. Description of Property

Item 9. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Item 10. Directors, Executive Officers and Significant Employees

Item 11. Compensation of Directors and Executive Officers

Item 12. Security Ownership of Management and Certain Securityholders

Item 13. Interest of Management and Others in Certain Transactions

Item 14. Securities Being Offered

Part F/S

PART III—EXHIBITS

Item 16. Index to Exhibits

Table of Contents

Item 17. Description of Exhibits

SIGNATURES