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Data / Crowdfunding / South Carolina / Chadsworth Drive Swim Club Inc.

Chadsworth Drive Swim Club Inc.: crowdfunding raise on Vicinity LLC, $1,300,000 to $1,500,000 (2022)

Chadsworth Drive Swim Club Inc., a company in Greenville, SC, filed a Form C with the SEC on September 19, 2022 to raise $1,300,000 to $1,500,000 in Promissory Note through Vicinity LLC. The offering closed on November 30, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $66,723.

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Website
www.hollingsworthparkpool.com
Funding portal
Vicinity LLC
Address
18 ALGONQUIN TRAIL, Greenville, SC 29607
Legal form
Other
Jurisdiction
SC
Incorporated
April 22, 2022
SEC CIK
0001943618

Offering terms

From the offering filed September 19, 2022.

Security
Promissory Note
Price
$1.00
Target
$1,300,000
Maximum
$1,500,000
Deadline
November 30, 2022
Portal compensation
Vicinity will receive commission equal to 4% of the total amount raised. The commission will be paid at the closing (and, if there are multiple closings, at each closing).

Financials

From the Form C-AR filed May 18, 2023.

Most recent fiscal yearPrior fiscal yearSource
Revenue$0$0sec.gov
Cost of goods sold$0$0sec.gov
Net income$-66,723$0sec.gov
Taxes paid$54$0sec.gov
Total assets$1,435,756$0sec.gov
Cash$1,435,756$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$2,479$0sec.gov
Long-term debt$1,500,000$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
June 21, 2023Termination of reportingNot listedNot listedsec.gov
May 18, 2023Annual reportNot listedNot listedsec.gov
March 3, 2023Progress update$1,300,000$1,500,000November 30, 2022The deal successfully closed on 11/30/2022 having raised $1,500,000.00 from committed investments by the deadline, according to the final accounting.sec.gov
September 19, 2022Offering$1,300,000$1,500,000November 30, 2022sec.gov

All filings on sec.gov

Updated June 21, 2023. 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.