Data / Crowdfunding / California / Babe Brewing LLC
Babe Brewing LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $850,000 (2022)
Babe Brewing LLC, a limited liability company in San Diego, CA, filed a Form C with the SEC on December 19, 2022 to raise $50,000 to $850,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $1,554,594 in revenue and a net loss of $1,063,059, with 7 employees.
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- Website
- www.babebeverages.com
- Funding portal
- Wefunder Portal LLC
- Address
- 7727 FORMULA PLACE, San Diego, CA 92121
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- December 28, 2016
- SEC CIK
- 0001951496
Offering terms
From the offering filed December 19, 2022.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $850,000
- Deadline
- April 30, 2023
- 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-AR/A filed May 5, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,554,594 | $1,611,589 | sec.gov |
| Cost of goods sold | $958,614 | $801,540 | sec.gov |
| Net income | $-1,063,059 | $-981,915 | sec.gov |
| Taxes paid | $13,353 | $26,924 | sec.gov |
| Total assets | $626,627 | $440,372 | sec.gov |
| Cash | $36,145 | $134,593 | sec.gov |
| Accounts receivable | $173 | $51,238 | sec.gov |
| Short-term debt | $71,551 | $51,419 | sec.gov |
| Long-term debt | $1,565,388 | $2,043,275 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 5, 2026 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| May 1, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 7, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 16, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| December 19, 2022 | Offering | $50,000 | $850,000 | April 30, 2023 | sec.gov |
Updated May 5, 2026. 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.