Data / Crowdfunding / California / Abel1950 Inc.
Abel1950 Inc.: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $100,000 (2025)
Abel1950 Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on September 8, 2025 to raise $25,000 to $100,000 in debt through Honeycomb Portal LLC. The offering closed on September 19, 2025. In its most recent fiscal year it reported $195,003 in revenue and $59,466 in net income, with 10 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
- pepitospaletas.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 103 HORNE AVE, San Francisco, CA 94124
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- March 9, 2010
- SEC CIK
- 0002075910
Offering terms
From the amendment filed September 8, 2025.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- September 19, 2025
- Portal compensation
- 8.5% of the total offering amount upon a successful raise. Platform Fee corresponding to selected level of service. 3% investment fee capped at $50. Credit Card: 4.5%, capped at $1,000. Honeycomb Wallet: 0%; Hybrid (HW + ACH): 2%, capped at $30
Financials
From the Form C-U filed October 8, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $195,003 | $78,370 | sec.gov |
| Cost of goods sold | $44,400 | $14,621 | sec.gov |
| Net income | $59,466 | $-4,505 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $74,772 | $26,000 | sec.gov |
| Cash | $48,772 | $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 |
|---|---|---|---|---|---|---|
| October 8, 2025 | Progress update | $25,000 | $100,000 | September 19, 2025 | Total Amount Raised: $26,965.83 | sec.gov |
| September 8, 2025 | Amendment | $25,000 | $100,000 | September 19, 2025 | Extend Target Deadline and lower Target amount | sec.gov |
| July 17, 2025 | Offering | $50,000 | $100,000 | September 4, 2025 | sec.gov |
Updated October 8, 2025. 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.