Data / Crowdfunding / Minnesota / Cedar, Inc.
Cedar, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,069,999 (2021)
Cedar, Inc., a corporation in Luverne, MN, filed a Form C with the SEC on May 19, 2021 to raise $50,000 to $1,069,999 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $35,535, with 1 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.cedarcreditbuilder.com
- Funding portal
- Wefunder Portal LLC
- Address
- 538 90th Ave, Luverne, MN 56156
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 18, 2020
- SEC CIK
- 0001840667
Offering terms
From the amendment filed May 19, 2021.
- Security
- Preferred Stock
- Price
- $0.47
- Target
- $50,000
- Maximum
- $1,069,999
- Deadline
- April 30, 2022
- Portal compensation
- 6.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C/A filed May 19, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-35,535 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $45 | $0 | sec.gov |
| Cash | $45 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $35,000 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 19, 2021 | Amendment | $50,000 | $1,069,999 | April 30, 2022 | Changing contracts | sec.gov |
| March 30, 2021 | Amendment | $50,000 | $1,070,000 | April 30, 2022 | Adding 2020 financials | sec.gov |
| January 15, 2021 | Offering | $50,000 | $1,070,000 | April 30, 2021 | sec.gov |
Updated May 19, 2021. 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.