Data / Crowdfunding / Kentucky / ALT Distilling, Inc.
ALT Distilling, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $124,000 (2024)
ALT Distilling, Inc., a corporation in Louisville, KY, filed a Form C with the SEC on April 16, 2024 to raise $50,000 to $124,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $97,296 in revenue and a net loss of $549,348, with 2 employees.
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- Website
- www.drinknkdldy.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1352 S 1st Street Unit 2, Louisville, KY 40208
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 16, 2020
- SEC CIK
- 0001999667
Offering terms
From the amendment filed April 16, 2024.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- April 30, 2025
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C/A filed April 16, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $97,296 | $0 | sec.gov |
| Cost of goods sold | $44,621 | $0 | sec.gov |
| Net income | $-549,348 | $-253,301 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $567,406 | $674,404 | sec.gov |
| Cash | $290,714 | $588,964 | sec.gov |
| Accounts receivable | $15,389 | $0 | sec.gov |
| Short-term debt | $14,718 | $25,815 | sec.gov |
| Long-term debt | $1,314,326 | $935,303 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 16, 2024 | Amendment | $50,000 | $124,000 | April 30, 2025 | Adding 2023 financials, lowering the maximum target, and extending the campaign. | sec.gov |
| January 26, 2024 | Offering | $50,000 | $600,000 | April 29, 2024 | sec.gov |
Updated April 16, 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.