Data / Crowdfunding / Virginia / Abundant Acres Farm LLC
Abundant Acres Farm LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $75,000 (2024)
Abundant Acres Farm LLC, a limited liability company in Warrenton, VA, filed a Form C with the SEC on March 7, 2024 to raise $25,000 to $75,000 in debt through Honeycomb Portal LLC. The offering closed on April 5, 2024. In its most recent fiscal year it reported $175,233 in revenue and a net loss of $9,020, with 7 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
- www.abundantacresfarm.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 6500 WATERY MOUNTAIN RD, Warrenton, VA 20186
- Legal form
- Limited Liability Company
- Jurisdiction
- VA
- Incorporated
- February 20, 2020
- SEC CIK
- 0002010517
Offering terms
From the amendment filed March 7, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $75,000
- Deadline
- April 5, 2024
- 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/A filed March 7, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $175,233 | $133,266 | sec.gov |
| Cost of goods sold | $30,882 | $0 | sec.gov |
| Net income | $-9,020 | $24,884 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $48,599 | $17,307 | sec.gov |
| Cash | $11,458 | $4,530 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $9,280 | $9,801 | sec.gov |
| Long-term debt | $30,637 | $22,342 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 7, 2024 | Amendment | $25,000 | $75,000 | April 5, 2024 | Extending deadline to reach target offering amount, and lowering target offering amount to $25,000. | sec.gov |
| March 7, 2024 | Amendment | $25,000 | $75,000 | April 5, 2024 | Extending deadline to reach target offering amount, and lowering target offering amount to $25,000. | sec.gov |
| February 12, 2024 | Offering | $35,000 | $75,000 | March 14, 2024 | sec.gov |
Updated March 7, 2024. 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.