Data / Crowdfunding / Idaho / CNB Inc \ ID
CNB Inc \ ID: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $150,000 (2022)
CNB Inc \ ID, a corporation in Boise, ID, filed a Form C with the SEC on April 5, 2022 to raise $25,000 to $150,000 in debt through Honeycomb Portal LLC. The offering closed on May 16, 2022. In its most recent fiscal year it reported $846,962 in revenue and $123,938 in net income, with 15 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
- cactusbarboise.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 2769 S SNOWFLAKE DR, Boise, ID 83706
- Legal form
- Corporation
- Jurisdiction
- ID
- Incorporated
- February 7, 1980
- SEC CIK
- 0001917958
Offering terms
From the amendment filed April 5, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $150,000
- Deadline
- May 16, 2022
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,000+ = 8.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-U filed May 31, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $846,962 | $349,673 | sec.gov |
| Cost of goods sold | $204,278 | $109,306 | sec.gov |
| Net income | $123,938 | $-121,378 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $182,362 | $169,066 | sec.gov |
| Cash | $53,712 | $40,566 | 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 |
|---|---|---|---|---|---|---|
| May 31, 2022 | Progress update | $25,000 | $150,000 | May 16, 2022 | Total raised $59,300. | sec.gov |
| April 5, 2022 | Amendment | $25,000 | $150,000 | May 16, 2022 | Correction to Use of Funds section | sec.gov |
| March 23, 2022 | Amendment | $25,000 | $150,000 | May 16, 2022 | Maximum offering amount changed to $150,000 | sec.gov |
| March 17, 2022 | Offering | $25,000 | $75,000 | May 9, 2022 | sec.gov |
Updated May 31, 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.