Data / Crowdfunding / Texas / Avant Media Institute LLC
Avant Media Institute LLC: crowdfunding raise on NextSeed US LLC, $50,000 to $550,000 (2018)
Avant Media Institute LLC, a limited liability company in Houston, TX, filed a Form C with the SEC on February 27, 2018 to raise $50,000 to $550,000 in debt through NextSeed US LLC. The offering closed on April 24, 2018. In its most recent fiscal year it reported $184,000 in revenue and $12,927 in net income, with 13 employees.
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- Website
- www.avantmediainstitute.com
- Funding portal
- NextSeed US LLC
- Address
- 256 NORTH SAM HOUSTON PKWY E STE 130, Houston, TX 77060
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- November 7, 2014
- SEC CIK
- 0001726998
Offering terms
From the offering filed February 27, 2018.
- Security
- Debt
- Target
- $50,000
- Maximum
- $550,000
- Deadline
- April 24, 2018
- Portal compensation
- NextSeed charges the Issuer 10% of the total offering amount as compensation for its services provided in connection with the offering, provided that NextSeed will only charge 5% for funds raised from investors referred by the Issuer.
Financials
From the Form C filed February 27, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $184,000 | $173,156 | sec.gov |
| Cost of goods sold | $171,073 | $163,753 | sec.gov |
| Net income | $12,927 | $9,266 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $275,323 | $193,779 | sec.gov |
| Cash | $21 | $1,666 | sec.gov |
| Accounts receivable | $227,029 | $126,840 | sec.gov |
| Short-term debt | $527 | $749 | sec.gov |
| Long-term debt | $27,126 | $28,287 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 27, 2018 | Offering | $50,000 | $550,000 | April 24, 2018 | sec.gov |
Updated February 27, 2018. 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.