Data / Crowdfunding / Illinois / CoClubChicago LLC
CoClubChicago LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $50,000 (2023)
CoClubChicago LLC, a limited liability company in Chicago, IL, filed a Form C with the SEC on July 31, 2023 to raise $25,000 to $50,000 in debt through Honeycomb Portal LLC. The offering closed on September 14, 2023. In its most recent fiscal year it reported $340,291 in revenue and a net loss of $115,335, 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
- www.guildrow.co
- Funding portal
- Honeycomb Portal LLC
- Address
- 3130 N ROCKWELL, Chicago, IL 60618
- Legal form
- Limited Liability Company
- Jurisdiction
- IL
- Incorporated
- February 10, 2017
- SEC CIK
- 0001984994
Offering terms
From the amendment filed July 31, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $50,000
- Deadline
- September 14, 2023
- 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/A filed July 31, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $340,291 | $674,290 | sec.gov |
| Cost of goods sold | $37,359 | $77,125 | sec.gov |
| Net income | $-115,335 | $-204,073 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $527,147 | $438,225 | sec.gov |
| Cash | $38,416 | $33,273 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $220,109 | $120,898 | sec.gov |
| Long-term debt | $794,448 | $651,839 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 31, 2023 | Amendment | $25,000 | $50,000 | September 14, 2023 | Update to target end date | sec.gov |
| July 28, 2023 | Offering | $25,000 | $50,000 | September 11, 2023 | sec.gov |
Updated July 31, 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.