Data / Crowdfunding / New York / Bx Invest LLC
Bx Invest LLC: crowdfunding raise on MainVest, Inc., $30,000 to $50,000 (2020)
Bx Invest LLC, a limited liability company in Bronx, NY, filed a Form C with the SEC on April 20, 2020 to raise $30,000 to $50,000 in debt through MainVest, Inc.. The offering closed on July 8, 2020. In its most recent fiscal year it reported $96,514 in revenue and a net loss of $73,154, with 5 employees.
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- Website
- boogiedowngrind.com
- Funding portal
- MainVest, Inc.
- Address
- 901 HUNTS POINT AVE, Bronx, NY 10474
- Legal form
- Limited Liability Company
- Jurisdiction
- NY
- Incorporated
- May 16, 2016
- SEC CIK
- 0001809409
Offering terms
From the offering filed April 20, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $30,000
- Maximum
- $50,000
- Deadline
- July 8, 2020
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed July 13, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $96,514 | $268,575 | sec.gov |
| Cost of goods sold | $63,273 | $120,763 | sec.gov |
| Net income | $-73,154 | $-121,349 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $21,214 | $153,663 | sec.gov |
| Cash | $1,729 | $29,685 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $176,523 | $339,846 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 13, 2020 | Progress update | $30,000 | $50,000 | July 8, 2020 | At the close of the offering, the issuer closed on $50,000. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| April 20, 2020 | Offering | $30,000 | $50,000 | July 8, 2020 | sec.gov |
Updated July 13, 2020. 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.