Data / Crowdfunding / Illinois / Chicago Wet Storage LLC
Chicago Wet Storage LLC: crowdfunding raise on Honeycomb Portal LLC, $60,000 to $124,000 (2024)
Chicago Wet Storage LLC, a limited liability company in Chicago, IL, filed a Form C with the SEC on May 31, 2024 to raise $60,000 to $124,000 in debt through Honeycomb Portal LLC. The offering closed on July 15, 2024. In its most recent fiscal year it reported $520,361 in revenue and a net loss of $1,181,292, with 17 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.windycitymushroom.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 4100 WEST 76TH ST. UNIT G, Chicago, IL 60652
- Legal form
- Limited Liability Company
- Jurisdiction
- IL
- Incorporated
- January 5, 2015
- SEC CIK
- 0002025107
Offering terms
From the offering filed May 31, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $60,000
- Maximum
- $124,000
- Deadline
- July 15, 2024
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed August 15, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $520,361 | $65,110 | sec.gov |
| Cost of goods sold | $701,664 | $369,961 | sec.gov |
| Net income | $-1,181,292 | $-1,002,421 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $342,203 | $544,714 | sec.gov |
| Cash | $29,480 | $286,834 | sec.gov |
| Accounts receivable | $89,423 | $39,005 | sec.gov |
| Short-term debt | $1,351 | $-11,357 | sec.gov |
| Long-term debt | $1,328,011 | $588,538 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 15, 2024 | Progress update | $60,000 | $124,000 | July 15, 2024 | Total Amount Raised $82,485 | sec.gov |
| May 31, 2024 | Offering | $60,000 | $124,000 | July 15, 2024 | sec.gov |
Updated August 15, 2024. 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.