Data / Crowdfunding / Ohio / 1487 Brewpub I, LLC
1487 Brewpub I, LLC: crowdfunding raise on MainVest, Inc., $12,500 to $200,000 (2020)
1487 Brewpub I, LLC, a limited liability company in Alexandria, OH, filed a Form C with the SEC on October 22, 2020 to raise $12,500 to $200,000 in debt through MainVest, Inc.. The offering closed on January 6, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $282,375, with 7 employees.
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- Website
- 1487brewery.com
- Funding portal
- MainVest, Inc.
- Address
- 8480 JERSEY MILL RD, Alexandria, OH 43001
- Legal form
- Limited Liability Company
- Jurisdiction
- OH
- Incorporated
- January 13, 2017
- SEC CIK
- 0001822881
Offering terms
From the amendment filed October 22, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $12,500
- Maximum
- $200,000
- Deadline
- January 6, 2021
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed January 8, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $54,167 | $0 | sec.gov |
| Net income | $-282,375 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 8, 2021 | Progress update | $12,500 | $200,000 | January 6, 2021 | At the close of the offering, the issuer closed on $57,400. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| October 22, 2020 | Amendment | $12,500 | $200,000 | January 6, 2021 | Issuer is amending the target offering amount. Issuer is also amending the terms of the note agreement and use of funds accordingly. Lastly, Issuer is extending the deadline to make an investment. | sec.gov |
| August 28, 2020 | Offering | $50,000 | $200,000 | November 4, 2020 | sec.gov |
Updated January 8, 2021. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.