Data / Crowdfunding / California / Basedrive LLC
Basedrive LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $107,000 (2021)
Basedrive LLC, a limited liability company in Montecito, CA, filed a Form C with the SEC on September 3, 2021 to raise $25,000 to $107,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on December 15, 2021. In its most recent fiscal year it reported $133,680 in revenue and $1,425 in net income, with 1 employees.
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- Website
- www.threesageswellness.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 656 ORCHARD AVENUE, Montecito, CA 93108
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- March 9, 2017
- SEC CIK
- 0001871405
Offering terms
From the offering filed September 3, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $107,000
- Deadline
- December 15, 2021
- 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 December 13, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $133,680 | $424,152 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $1,425 | $-16,034 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $73,694 | $5,005 | sec.gov |
| Cash | $1,116 | $5,005 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $117,584 | sec.gov |
| Long-term debt | $71,750 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 13, 2021 | Progress update | $25,000 | $107,000 | December 15, 2021 | The Offering closed successfully on December 10, 2021, having received investment commitments of $100,155 although a final accounting has not taken place. | sec.gov |
| September 3, 2021 | Offering | $25,000 | $107,000 | December 15, 2021 | sec.gov |
Updated December 13, 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.