Data / Crowdfunding / California / 607 Western Restaurants LLC
607 Western Restaurants LLC: crowdfunding raise on NextSeed US LLC, $75,000 to $107,000 (2018)
607 Western Restaurants LLC, a limited liability company in Los Angeles, CA, filed a Form C with the SEC on December 17, 2018 to raise $75,000 to $107,000 in debt through NextSeed US LLC. The offering closed on February 14, 2019. In its most recent fiscal year it reported $0 in revenue and $0 in net income.
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- Website
- www.babybluesbbq.com
- Funding portal
- NextSeed US LLC
- Address
- 607 S WESTERN AVE., Los Angeles, CA 90005
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- March 23, 2018
- SEC CIK
- 0001754591
Offering terms
From the offering filed December 17, 2018.
- Security
- Debt
- Target
- $75,000
- Maximum
- $107,000
- Deadline
- February 14, 2019
- Portal compensation
- A % of the total Offering Amount (10% for up to $250,000, 9% for more than $250,000 and $500,000 or less, 8% for more than $500,000 and $750,000 or less, and 7% for more than $750,000); provided only 5% is charged on investors introduced by the issuer.
Financials
From the Form C-AR filed April 30, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $131,500 | $0 | sec.gov |
| Cash | $1,500 | $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 |
|---|---|---|---|---|---|---|
| May 16, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| January 23, 2019 | Progress update | $75,000 | $107,000 | February 14, 2019 | Issuer raised $107,000. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower. | sec.gov |
| December 17, 2018 | Offering | $75,000 | $107,000 | February 14, 2019 | sec.gov |
Updated May 16, 2019. 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.