Data / Crowdfunding / California / Baby Barista Company, Inc
Baby Barista Company, Inc: crowdfunding raise on Fundify Portal, LLC, $50,000 to $250,000 (2021)
Baby Barista Company, Inc, a corporation in Simi Valley, CA, filed a Form C with the SEC on September 9, 2021 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Fundify Portal, LLC. The offering closed on September 10, 2021. In its most recent fiscal year it reported $0 in revenue and $5,832 in net income, with 1 employees.
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- Website
- mybabybarista.com
- Funding portal
- Fundify Portal, LLC
- Address
- 420 GRANITE HILLS ST, Simi Valley, CA 91365
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 14, 2014
- SEC CIK
- 0001643014
Offering terms
From the amendment filed September 9, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- September 10, 2021
- Portal compensation
- 6.0% of the Offering amount upon the successful completion. Intermediary may also be entitled to reimbursement for fee advances or out-of-pocket costs for third-party expenses it pays or incurs on behalf of the Issuer in connection with the Offering.
Financials
From the Form C-U filed September 17, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $5,832 | $84,074 | sec.gov |
| Taxes paid | $1,650 | $1,650 | sec.gov |
| Total assets | $774,398 | $776,054 | sec.gov |
| Cash | $979 | $2,636 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $81,745 | $81,745 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 17, 2021 | Progress update | $50,000 | $250,000 | September 10, 2021 | Issuer accepted oversubscription. Total amount of securities sold is $150,000 in SAFE securities. | sec.gov |
| September 9, 2021 | Amendment | $50,000 | $250,000 | September 10, 2021 | Update to SELF-ATTESTED GAAP FINANCIALS TO INCLUDE Regulation Crowdfunding Rule 201(bb). This is not a material change to this document. | sec.gov |
| May 21, 2021 | Offering | $50,000 | $250,000 | September 10, 2021 | sec.gov |
Updated September 17, 2021. 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.