Data / Crowdfunding / Pennsylvania / 2M Co
2M Co: crowdfunding raise on Honeycomb Portal LLC, $60,000 to $124,000 (2023)
2M Co, a limited liability company in Pittsburgh, PA, filed a Form C with the SEC on September 21, 2023 to raise $60,000 to $124,000 in debt through Honeycomb Portal LLC. The offering closed on November 6, 2023. In its most recent fiscal year it reported $342,895 in revenue and a net loss of $334,002, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- georgiescornercafe.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 5743 WALNUT ST, Pittsburgh, PA 15232
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- September 27, 2005
- SEC CIK
- 0001993676
Offering terms
From the offering filed September 21, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $60,000
- Maximum
- $124,000
- Deadline
- November 6, 2023
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed November 13, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $342,895 | $0 | sec.gov |
| Cost of goods sold | $259,151 | $52 | sec.gov |
| Net income | $-334,002 | $-79,843 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $372,488 | $143,560 | sec.gov |
| Cash | $11,599 | $11,599 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $22,481 | $0 | sec.gov |
| Long-term debt | $725,024 | $257,274 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 13, 2023 | Progress update | $60,000 | $124,000 | November 6, 2023 | Total raised $95,368 | sec.gov |
| September 21, 2023 | Offering | $60,000 | $124,000 | November 6, 2023 | sec.gov |
Updated November 13, 2023. 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.