Data / Crowdfunding / Virginia / Belle Isle Craft Spirits, Inc.
Belle Isle Craft Spirits, Inc.: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,235,000 (2023)
Belle Isle Craft Spirits, Inc., a corporation in Richmond, VA, filed a Form C with the SEC on October 4, 2023 to raise $15,000 to $1,235,000 in Convertible Note through StartEngine Capital, LLC. The offering closed on November 8, 2023. In its most recent fiscal year it reported $1,336,465 in revenue and a net loss of $868,876, with 14 employees.
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- Website
- www.belleislecraftspirits.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 615 MAURY ST, Richmond, VA 23224
- Legal form
- Corporation
- Jurisdiction
- VA
- Incorporated
- April 10, 2013
- SEC CIK
- 0001598715
Offering terms
From the amendment filed October 4, 2023.
- Security
- Convertible Note
- Target
- $15,000
- Maximum
- $1,235,000
- Deadline
- November 8, 2023
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed November 16, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,336,465 | $1,264,007 | sec.gov |
| Cost of goods sold | $785,444 | $703,603 | sec.gov |
| Net income | $-868,876 | $-140,886 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,486,128 | $954,877 | sec.gov |
| Cash | $304,738 | $104,202 | sec.gov |
| Accounts receivable | $179,984 | $202,124 | sec.gov |
| Short-term debt | $377,603 | $61,071 | sec.gov |
| Long-term debt | $1,107,857 | $1,628,076 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 16, 2023 | Progress update | $15,000 | $1,235,000 | November 8, 2023 | At the close of the offering, the issuer closed on $563,518.58. | sec.gov |
| October 4, 2023 | Amendment | $15,000 | $1,235,000 | November 8, 2023 | Issuer is extending their campaign end date | sec.gov |
| August 7, 2023 | Offering | $15,000 | $1,235,000 | October 6, 2023 | sec.gov |
Also on SpecStream
Updated November 16, 2023. 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.