Data / Crowdfunding / New York / Alcohol Free Beverage Inc.
Alcohol Free Beverage Inc.: crowdfunding raise on OpenDeal Portal LLC, $50,000 to $750,000 (2024)
Alcohol Free Beverage Inc., a corporation in New York, NY, filed a Form C with the SEC on August 27, 2024 to raise $50,000 to $750,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on October 24, 2024. In its most recent fiscal year it reported $0 in revenue and a net loss of $2,152.
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- Website
- www.bardelia.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 42 BROADWAY SUITE 12-600, New York, NY 10004
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 12, 2023
- SEC CIK
- 0001998846
Offering terms
From the amendment filed August 27, 2024.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $750,000
- Deadline
- October 24, 2024
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of (A) a fee of six percent (6%) of the dollar amount raised in the Offering or (B) a cash fee of twelve thousand dollars ($12,000.00).
Financials
From the Form C-U filed October 31, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-2,152 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $20,865 | $0 | sec.gov |
| Cash | $20,865 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $23,016 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 31, 2024 | Progress update | $50,000 | $750,000 | October 24, 2024 | The Offering closed successfully on 10/25/2024, having received investment commitments of $58,423, although a final accounting has not taken place. | sec.gov |
| August 27, 2024 | Amendment | $50,000 | $750,000 | October 24, 2024 | This amendment is filed to (i) extend the Offering Deadline to October 24, 2024; and (ii) update the CAPITALIZATION, DEBT AND OWNERSHIP, FINANCIAL INFORMATION and PREVIOUS OFFERINGS sections. | sec.gov |
| June 27, 2024 | Amendment | $50,000 | $750,000 | August 29, 2024 | This amendment is filed to (i) extend the Offering Deadline to August 29, 2024; and (ii) update the CAPITALIZATION, DEBT AND OWNERSHIP, FINANCIAL INFORMATION and PREVIOUS OFFERINGS sections. | sec.gov |
| March 26, 2024 | Amendment | $50,000 | $750,000 | June 30, 2024 | This amendment is filed to (i) extend the Offering Deadline to June 30, 2024; and (ii) update the CAPITALIZATION, DEBT AND OWNERSHIP, FINANCIAL INFORMATION and PREVIOUS OFFERINGS sections. | sec.gov |
| January 25, 2024 | Amendment | $50,000 | $750,000 | March 27, 2024 | (1) reduce val cap in the Crowd SAFE from $10,000,000 to $5,000,000. (2) reduce val cap for outstanding Crowd SAFE from $10,000,000 to $5,000,000. (3) reduce min investment amount from $1000 to $500. (4) update cash on hand. See additional details in doc. | sec.gov |
| December 28, 2023 | Offering | $50,000 | $750,000 | March 27, 2024 | sec.gov |
Updated October 31, 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.