Data / Crowdfunding / Massachusetts / Boston Fiber Co LLC
Boston Fiber Co LLC: crowdfunding raise on MainVest, Inc., $40,000 to $75,000 (2023)
Boston Fiber Co LLC, a limited liability company in Allston, MA, filed a Form C with the SEC on June 16, 2023 to raise $40,000 to $75,000 in debt through MainVest, Inc.. The offering closed on August 18, 2023. In its most recent fiscal year it reported $88,853 in revenue and $14,498 in net income, with 1 employees.
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- Website
- www.bostonfibercompany.com
- Funding portal
- MainVest, Inc.
- Address
- 36 BOULEVARD TER, Allston, MA 02134
- Legal form
- Limited Liability Company
- Jurisdiction
- MA
- Incorporated
- February 18, 2022
- SEC CIK
- 0001980852
Offering terms
From the offering filed June 16, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $40,000
- Maximum
- $75,000
- Deadline
- August 18, 2023
- Portal compensation
- MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed September 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $88,853 | $0 | sec.gov |
| Cost of goods sold | $40,916 | $0 | sec.gov |
| Net income | $14,498 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $49,454 | $0 | sec.gov |
| Cash | $1,824 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $13,764 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 1, 2023 | Progress update | $40,000 | $75,000 | August 18, 2023 | At the close of the offering, the issuer closed on $75,000. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| June 16, 2023 | Offering | $40,000 | $75,000 | August 18, 2023 | sec.gov |
Updated September 1, 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.