Data / Crowdfunding / California / Cannabox, LLC
Cannabox, LLC: crowdfunding raise on StartEngine Capital, LLC, $9,998 to $307,999 (2021)
Cannabox, LLC, a corporation in West Hollywood, CA, filed a Form C with the SEC on December 13, 2021 to raise $9,998 to $307,999 in common stock through StartEngine Capital, LLC. The offering closed on December 31, 2021. In its most recent fiscal year it reported $3,920,001 in revenue and $340,008 in net income, with 3 employees.
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- Website
- www.cannabox.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 750 N SAN VICENTE BLVD. STE. 800 WEST, West Hollywood, CA 90069
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 16, 2013
- SEC CIK
- 0001803288
Offering terms
From the amendment filed December 13, 2021.
- Security
- Common Stock
- Price
- $1.14
- Target
- $9,998
- Maximum
- $307,999
- Deadline
- December 31, 2021
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed October 4, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,920,001 | $2,396,801 | sec.gov |
| Cost of goods sold | $2,434,796 | $1,504,706 | sec.gov |
| Net income | $340,008 | $55,840 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $675,307 | $240,230 | sec.gov |
| Cash | $672,948 | $240,230 | sec.gov |
| Accounts receivable | $2,359 | $0 | sec.gov |
| Short-term debt | $283,071 | $135,998 | sec.gov |
| Long-term debt | $8,333 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 4, 2022 | Progress update | $9,998 | $307,999 | December 31, 2021 | At the close of the offering, the issuer closed on $61,586.05 and 56,216 number of securities | sec.gov |
| January 6, 2022 | Progress update | $9,998 | $307,999 | December 31, 2021 | At the close of the offering, the issuer closed on $0.00 and 0 number of securities | sec.gov |
| December 13, 2021 | Amendment | $9,998 | $307,999 | December 31, 2021 | Campaign is moving up their end date | sec.gov |
| September 9, 2021 | Offering | $9,998 | $307,999 | March 9, 2022 | sec.gov | |
| May 3, 2021 | Progress update | $25,000 | $1,070,000 | April 30, 2021 | The Offering was successful as of its deadline, April 30, 2021, having received investment commitments of $230,197 although a final accounting has not taken place. | sec.gov |
| May 3, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| December 16, 2020 | Offering | $25,000 | $1,070,000 | April 30, 2021 | sec.gov |
Updated October 4, 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.