Data / Crowdfunding / New York / Blue Bite LLC
Blue Bite LLC: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,070,000 (2018)
Blue Bite LLC, a limited liability company in New York, NY, filed a Form C with the SEC on October 19, 2018 to raise $25,000 to $1,070,000 in preferred stock through SI SECURITIES, LLC. The offering closed on December 7, 2018. In its most recent fiscal year it reported $1,190,041 in revenue and a net loss of $2,491,795, with 22 employees.
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- Website
- www.bluebite.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 377 PARK AVENUE SOUTH SECOND FLOOR, New York, NY 10016
- Legal form
- Limited Liability Company
- Jurisdiction
- NY
- Incorporated
- February 20, 2007
- SEC CIK
- 0001682580
Offering terms
From the amendment filed October 19, 2018.
- Security
- Preferred Stock
- Price
- $6.89
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- December 7, 2018
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C/A filed October 19, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,190,041 | $1,169,759 | sec.gov |
| Cost of goods sold | $501,356 | $405,022 | sec.gov |
| Net income | $-2,491,795 | $-1,853,991 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,314,927 | $1,566,262 | sec.gov |
| Cash | $1,978,169 | $868,560 | sec.gov |
| Accounts receivable | $169,767 | $470,108 | sec.gov |
| Short-term debt | $288,438 | $487,676 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 19, 2018 | Amendment | $25,000 | $1,070,000 | December 7, 2018 | Replacing Exhibit B with Reviewed Financials (as opposed to Company Certified Financials, and making updates throughout, including in Form C, Exhibit A to the Form C, and in the Profile. | sec.gov |
| October 9, 2018 | Offering | $25,000 | $107,000 | December 7, 2018 | sec.gov |
Updated October 19, 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.