Data / Crowdfunding / California / Best Food Trucks, Inc.
Best Food Trucks, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,997 to $617,998 (2023)
Best Food Trucks, Inc., a corporation in Culver City, CA, filed a Form C with the SEC on September 14, 2023 to raise $14,997 to $617,998 in Class B Common Stock through StartEngine Capital, LLC. The offering closed on December 13, 2023. In its most recent fiscal year it reported $10,083,996 in revenue and a net loss of $157,668, with 13 employees.
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- Website
- www.bestfoodtrucks.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 3409 FAY AVE, Culver City, CA 90232
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 6, 2016
- SEC CIK
- 0001719326
Offering terms
From the offering filed September 14, 2023.
- Security
- Class B Common Stock
- Price
- $3.21
- Target
- $14,997
- Maximum
- $617,998
- Deadline
- December 13, 2023
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed December 19, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $10,083,996 | $6,893,824 | sec.gov |
| Cost of goods sold | $8,932,081 | $5,909,530 | sec.gov |
| Net income | $-157,668 | $53,617 | sec.gov |
| Taxes paid | $0 | $2,196 | sec.gov |
| Total assets | $123,126 | $175,119 | sec.gov |
| Cash | $33,800 | $160,854 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $5,891 | $1,170 | sec.gov |
| Long-term debt | $177,107 | $151,146 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 19, 2023 | Progress update | $14,997 | $617,998 | December 13, 2023 | At the close of the offering, the issuer closed on $215,655.61 and 72,776 number of securities. | sec.gov |
| September 14, 2023 | Offering | $14,997 | $617,998 | December 13, 2023 | sec.gov | |
| August 10, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| July 31, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| December 28, 2017 | Progress update | $50,000 | $250,000 | December 10, 2017 | The issuer raised approximately $49,888 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| November 21, 2017 | Amendment | $25,000 | $250,000 | December 21, 2017 | This Amendment is filed to update the Company Summary with recent revenue and booking metrics and to change the use of proceeds according to the updated target offering amount (Exhibit B). Exhibit B is attached hereto. | sec.gov |
| November 17, 2017 | Amendment | $25,000 | $250,000 | December 21, 2017 | Including the webinar transcript, extending the offering deadline, and decreasing the target number of securities and target offering amount. | sec.gov |
| October 17, 2017 | Offering | $50,000 | $250,000 | December 10, 2017 | sec.gov |
Also on SpecStream
Updated December 19, 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.