Data / Crowdfunding / Florida / Cool Cat Beverages Inc
Cool Cat Beverages Inc: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,235,000 (2023)
Cool Cat Beverages Inc, a corporation in Miami, FL, filed a Form C with the SEC on July 18, 2023 to raise $15,000 to $1,235,000 in Class A Non-Voting Common Stock through StartEngine Capital, LLC. The offering closed on August 2, 2023. In its most recent fiscal year it reported $591,574 in revenue and a net loss of $4,517,805, with 12 employees.
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- Website
- www.drinkcoolcat.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 429 LENOX AVE, Miami, FL 33139
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 18, 2023
- SEC CIK
- 0001979210
Offering terms
From the amendment filed July 18, 2023.
- Security
- Class A Non-Voting Common Stock
- Price
- $1.00
- Target
- $15,000
- Maximum
- $1,235,000
- Deadline
- August 2, 2023
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed August 7, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $591,574 | $138,194 | sec.gov |
| Cost of goods sold | $545,710 | $360,957 | sec.gov |
| Net income | $-4,517,805 | $-2,120,674 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,155,895 | $1,302,740 | sec.gov |
| Cash | $29,403 | $888,573 | sec.gov |
| Accounts receivable | $7,315 | $585 | sec.gov |
| Short-term debt | $651,065 | $780,814 | sec.gov |
| Long-term debt | $3,746,053 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 7, 2023 | Progress update | $15,000 | $1,235,000 | August 2, 2023 | At the close of the offering, the issuer closed on $149,632.06 and 161,191 number of securities. | sec.gov |
| July 18, 2023 | Amendment | $15,000 | $1,235,000 | August 2, 2023 | Issuer is moving their end date closer | sec.gov |
| July 17, 2023 | Amendment | $15,000 | $1,235,000 | August 29, 2023 | Issuer is adding a team member, adding a new line item under Liquidity and Capital, Indebtness, and related party transaction | sec.gov |
| May 31, 2023 | Offering | $15,000 | $1,235,000 | August 29, 2023 | sec.gov |
Updated August 7, 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.