Data / Crowdfunding / California / CADRAFTTECH LLC
CADRAFTTECH LLC: crowdfunding raise on SMBX, Inc., $35,000 (2020)
CADRAFTTECH LLC, a limited liability company in Oakland, CA, filed a Form C with the SEC on June 4, 2020 to raise $35,000 in debt through SMBX, Inc.. The offering closed on June 30, 2020. In its most recent fiscal year it reported $51,296 in revenue and $20,972 in net income, with 4 employees.
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- Website
- cadrafttech.com
- Funding portal
- SMBX, Inc.
- Address
- PO BOX 27425, Oakland, CA 94602
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- May 17, 2018
- SEC CIK
- 0001803912
Offering terms
From the amendment filed June 4, 2020.
- Security
- Debt
- Price
- $10.00
- Target
- $35,000
- Deadline
- June 30, 2020
- Portal compensation
- The intermediary will not be receiving any compensation or fees for this offering.
Financials
From the Form C/A filed June 4, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $51,296 | $6,552 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $20,972 | $-6,081 | sec.gov |
| Taxes paid | $141 | $96 | sec.gov |
| Total assets | $17,758 | $2,111 | sec.gov |
| Cash | $17,758 | $2,111 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 4, 2020 | Amendment | $35,000 | Not listed | June 30, 2020 | The final clearing yield of the offering is 10%. This is the interest rate at which the bond will pay interest on. The offering officially closed on May 29, 2020. All material changes have been reconfirmed. | sec.gov |
| May 11, 2020 | Amendment | $35,000 | Not listed | June 30, 2020 | The target deadline date of the offering has been extended to June 30, 2020. However, the offering may close sooner than June 30, 2020. Additional documents have also been disclosed. All material changes will be reconfirmed before the offering close. | sec.gov |
| February 21, 2020 | Offering | $35,000 | Not listed | March 31, 2020 | sec.gov |
Updated June 4, 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.