Data / Crowdfunding / Indiana / Apothio, LLC
Apothio, LLC: crowdfunding raise on OpenDeal Portal LLC, $250,000 to $5,000,000 (2021)
Apothio, LLC, a limited liability company in Peru, IN, filed a Form C with the SEC on December 30, 2021 to raise $250,000 to $5,000,000 in Claim Participation Agreements ("Purchase Agreements") through OpenDeal Portal LLC. The offering closed on April 7, 2022. In its most recent fiscal year it reported $15,160 in revenue and a net loss of $4,191,022.
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- Website
- apothio.net
- Funding portal
- OpenDeal Portal LLC
- Address
- 74 SOUTH BELLERIVE DRIVE, Peru, IN 46970
- Legal form
- Limited Liability Company
- Jurisdiction
- IN
- Incorporated
- October 3, 2016
- SEC CIK
- 0001886772
Offering terms
From the amendment filed December 30, 2021.
- Security
- Claim Participation Agreements ("Purchase Agreements")
- Price
- $1.00
- Target
- $250,000
- Maximum
- $5,000,000
- Deadline
- April 7, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-U filed March 17, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $15,160 | $147,451 | sec.gov |
| Cost of goods sold | $12,407 | $9,601 | sec.gov |
| Net income | $-4,191,022 | $-4,774,136 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,013,946 | $660,530 | sec.gov |
| Cash | $165,446 | $23,527 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $7,932,302 | $3,453,476 | sec.gov |
| Long-term debt | $1,514,280 | $1,448,667 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 17, 2022 | Progress update | $250,000 | $5,000,000 | April 7, 2022 | The Offering closed successfully on 3/01/2022, having received investment commitments of $351,823.00, although a final accounting has not taken place. | sec.gov |
| December 30, 2021 | Amendment | $250,000 | $5,000,000 | April 7, 2022 | This Amendment is filed to extend the Offering deadline to April 7, 2022. | sec.gov |
| October 26, 2021 | Offering | $250,000 | $5,000,000 | January 1, 2022 | sec.gov |
Updated March 17, 2022. 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.