Data / Crowdfunding / Utah / Armored Citizen, LLC.
Armored Citizen, LLC.: crowdfunding raise on Mr. Crowd, $50,000 to $1,000,000 (2020)
Armored Citizen, LLC., a limited liability company in Provo, UT, filed a Form C with the SEC on January 2, 2020 to raise $50,000 to $1,000,000 in Membership Units through Mr. Crowd. The offering closed on June 30, 2020. In its most recent fiscal year it reported $287,969 in revenue and a net loss of $261,548, with 10 employees.
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- Website
- www.citizenarmor.com
- Funding portal
- Mr. Crowd
- Address
- 150 N DRAPER LN, Provo, UT 84601
- Legal form
- Limited Liability Company
- Jurisdiction
- UT
- Incorporated
- May 19, 2017
- SEC CIK
- 0001741462
Offering terms
From the amendment filed January 2, 2020.
- Security
- Membership Units
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,000,000
- Deadline
- June 30, 2020
- Portal compensation
- 1) The issuer shall pay the intermediary a fee equal to one percent (1%) of the gross amount raised. 2) The issuer shall pay or reimburse all reasonable out-of-pocket third party expenses incurred by the intermediary on behalf of the issuer.
Financials
From the Form C/A filed January 2, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $287,969 | $362,296 | sec.gov |
| Cost of goods sold | $135,610 | $197,073 | sec.gov |
| Net income | $-261,548 | $-19,703 | sec.gov |
| Taxes paid | $0 | $8,848 | sec.gov |
| Total assets | $1,011,355 | $17,455 | sec.gov |
| Cash | $57,387 | $360 | sec.gov |
| Accounts receivable | $3,837 | $0 | sec.gov |
| Short-term debt | $1,579,600 | $37,158 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 2, 2020 | Amendment | $50,000 | $1,000,000 | June 30, 2020 | Extension of offering deadline, Inclusion of the 2018 Financial Statements, Update of Q24 and Q26 to reflect transactions occurred in 2018, Update of the financial condition of the issuer and discussion on results of operation in 2018, Use of Proceeds | sec.gov |
| December 30, 2019 | Amendment | $50,000 | $1,000,000 | June 30, 2020 | Extension of offering deadline, Inclusion of the 2018 Financial Statements, Update of Q24 and Q26 to reflect transactions occurred in 2018, Update of the financial condition of the issuer and discussion on results of operation in 2018, Use of Proceeds | sec.gov |
| June 26, 2019 | Amendment | $50,000 | $1,000,000 | December 31, 2019 | Extend the offering deadline. | sec.gov |
| December 20, 2018 | Amendment | $50,000 | $1,000,000 | June 30, 2019 | Extend the offering deadline. | sec.gov |
| December 20, 2018 | Amendment | $50,000 | $1,000,000 | June 30, 2019 | Extend the offering deadline. | sec.gov |
| October 3, 2018 | Amendment | $50,000 | $1,000,000 | December 31, 2018 | This amendment is to change the Physical Address of Issuer. | sec.gov |
| June 20, 2018 | Amendment | $50,000 | $1,000,000 | December 31, 2018 | The following amendments were made: 1) the risks to purchasers associated with corporate actions; 2) discussion and analysis of financial condition and results of operations. | sec.gov |
| June 15, 2018 | Offering | $50,000 | $1,000,000 | December 31, 2018 | sec.gov |
Updated January 2, 2020. 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.