Data / Crowdfunding / California / Bat Country, LLC
Bat Country, LLC: crowdfunding raise on NextSeed US LLC, $150,000 to $450,000 (2017)
Bat Country, LLC, a limited liability company in Oakland, CA, filed a Form C with the SEC on May 10, 2017 to raise $150,000 to $450,000 in debt through NextSeed US LLC. The offering closed on June 7, 2017. In its most recent fiscal year it reported $0 in revenue and a net loss of $114,115.
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- Website
- oaklandrecclub.com
- Funding portal
- NextSeed US LLC
- Address
- 4071 WATERHOUSE RD, Oakland, CA 94602
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- April 14, 2015
- SEC CIK
- 0001701184
Offering terms
From the amendment filed May 10, 2017.
- Security
- Debt
- Target
- $150,000
- Maximum
- $450,000
- Deadline
- June 7, 2017
- 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-AR filed May 8, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-114,115 | $-273,004 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,262,254 | $695,544 | sec.gov |
| Cash | $58,400 | $51,399 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $293,014 | $1,227 | sec.gov |
| Long-term debt | $154,540 | $50,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 8, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| June 14, 2017 | Progress update | $150,000 | $450,000 | June 7, 2017 | The issuer has raised a total of $169,700 during the offering period. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower. | sec.gov |
| May 10, 2017 | Amendment | $150,000 | $450,000 | June 7, 2017 | Updating certain terms of the offering as described in the new disclosure statement. | sec.gov |
| April 6, 2017 | Amendment | $350,000 | $450,000 | May 22, 2017 | Updated a typo in the disclosure statement. | sec.gov |
| April 5, 2017 | Offering | $350,000 | $450,000 | May 22, 2017 | sec.gov |
Updated May 8, 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.