Data / Crowdfunding / Arizona / Beanchain Coffee LLC
Beanchain Coffee LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $80,000 (2024)
Beanchain Coffee LLC, a limited liability company in Mesa, AZ, filed a Form C with the SEC on October 23, 2024 to raise $25,000 to $80,000 in debt through Honeycomb Portal LLC. The offering closed on October 30, 2024. In its most recent fiscal year it reported $134,425 in revenue and a net loss of $239,058, with 6 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.bchain.coffee
- Funding portal
- Honeycomb Portal LLC
- Address
- 855 W SOUTHERN AVE, Mesa, AZ 85210
- Legal form
- Limited Liability Company
- Jurisdiction
- AZ
- Incorporated
- October 1, 2021
- SEC CIK
- 0001961731
Offering terms
From the amendment filed October 23, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $80,000
- Deadline
- October 30, 2024
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to $50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C/A filed October 23, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $134,425 | $0 | sec.gov |
| Cost of goods sold | $28,587 | $0 | sec.gov |
| Net income | $-239,058 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $88,296 | $0 | sec.gov |
| Cash | $5,059 | $0 | sec.gov |
| Accounts receivable | $-250 | $0 | sec.gov |
| Short-term debt | $2,903 | $0 | sec.gov |
| Long-term debt | $-36,118 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 23, 2024 | Amendment | $25,000 | $80,000 | October 30, 2024 | Lower target offering amount | sec.gov |
| September 30, 2024 | Offering | $40,000 | $80,000 | October 30, 2024 | sec.gov | |
| May 5, 2023 | Progress update | $35,000 | $124,000 | April 21, 2023 | At the close of the offering, the issuer closed on $38,300. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| March 9, 2023 | Amendment | $35,000 | $124,000 | April 21, 2023 | Issuer is amending their pro-forma projections. Issuer is also supplying updated supplementary materials. Lastly, Issuer is extending the deadline to make an investment. | sec.gov |
| January 13, 2023 | Offering | $35,000 | $124,000 | March 17, 2023 | sec.gov |
Updated October 23, 2024. 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.