Data / Crowdfunding / California / Boichik Bagels LLC
Boichik Bagels LLC: crowdfunding raise on SMBX, Inc., $20,000 to $165,000 (2023)
Boichik Bagels LLC, a limited liability company in Berkeley, CA, filed a Form C with the SEC on October 31, 2023 to raise $20,000 to $165,000 in debt through SMBX, Inc.. The offering closed on November 15, 2023. In its most recent fiscal year it reported $5,419,825 in revenue and $1,605,816 in net income, with 33 employees.
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- Website
- boichikbagels.com
- Funding portal
- SMBX, Inc.
- Address
- 1225 SIXTH ST, Berkeley, CA 94710
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- June 14, 2018
- SEC CIK
- 0001757687
Offering terms
From the amendment filed October 31, 2023.
- Security
- Debt
- Price
- $10.00
- Target
- $20,000
- Maximum
- $165,000
- Deadline
- November 15, 2023
- Portal compensation
- SMBX will be charging a capital raise fee of 4.00% (up to $6,600 based on the total amount raised)
Financials
From the Form C/A filed October 31, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,419,825 | $4,218,827 | sec.gov |
| Cost of goods sold | $1,207,637 | $738,811 | sec.gov |
| Net income | $1,605,816 | $1,796,106 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $6,979,732 | $2,028,881 | sec.gov |
| Cash | $997,955 | $1,555,322 | sec.gov |
| Accounts receivable | $71,527 | $48,962 | sec.gov |
| Short-term debt | $191,204 | $49,373 | sec.gov |
| Long-term debt | $3,330,600 | $42,201 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 31, 2023 | Amendment | $20,000 | $165,000 | November 15, 2023 | (Revised for material changes on October 30, 2023) Amendment for: a) change of offering close date to November 15, 2023 | sec.gov |
| October 23, 2023 | Offering | $20,000 | $165,000 | December 5, 2023 | sec.gov | |
| September 15, 2022 | Amendment | $200,000 | $1,070,000 | September 26, 2022 | Amendment for filing statements from Financial Review | sec.gov |
| September 8, 2022 | Amendment | $200,000 | $1,070,000 | September 26, 2022 | Amendment for: a) raising the maximum target offering amount from $1 Million to $1.07 Million b) extension of offering close date from September 14, 2022, to September 26, 2022, and c) changes to financial statements to reflect recommendations by their CPA | sec.gov |
| June 22, 2022 | Offering | $200,000 | $1,000,000 | September 14, 2022 | sec.gov |
Also on SpecStream
Updated October 31, 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.