Data / Crowdfunding / District of Columbia / Bright Ventures LLC
Bright Ventures LLC: crowdfunding raise on SMBX, Inc., $50,000 to $124,000 (2022)
Bright Ventures LLC, a limited liability company in Washington, DC, filed a Form C with the SEC on December 1, 2022 to raise $50,000 to $124,000 in debt through SMBX, Inc.. The offering closed on January 3, 2023. In its most recent fiscal year it reported $433,364 in revenue and $293 in net income, with 2 employees.
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- Website
- www.brightwoodbuild.com
- Funding portal
- SMBX, Inc.
- Address
- 1818 BUNKER HILL RD. NE, Washington, DC 20018
- Legal form
- Limited Liability Company
- Jurisdiction
- DC
- Incorporated
- December 8, 2018
- SEC CIK
- 0001951488
Offering terms
From the amendment filed December 1, 2022.
- Security
- Debt
- Price
- $10.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- January 3, 2023
- Portal compensation
- SMBX will not be charging a capital raise fee as these bonds are part of the DC Rebuild Program.
Financials
From the Form C/A filed December 1, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $433,364 | $135,507 | sec.gov |
| Cost of goods sold | $283,317 | $193,804 | sec.gov |
| Net income | $293 | $-103,244 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $69,315 | $9,089 | sec.gov |
| Cash | $16,047 | $9,089 | sec.gov |
| Accounts receivable | $19,131 | $0 | sec.gov |
| Short-term debt | $39,842 | $29,633 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 1, 2022 | Amendment | $50,000 | $124,000 | January 3, 2023 | Revised for material changes on December 1, 2022. Amendment for: a) updates to Use of Proceeds and b) changes to 2022 YTD Financials | sec.gov |
| November 4, 2022 | Offering | $50,000 | $124,000 | January 3, 2023 | sec.gov |
Updated December 1, 2022. 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.