Data / Crowdfunding / Maryland / Cube Cowork, LLC
Cube Cowork, LLC: crowdfunding raise on MainVest, Inc., $50,000 to $124,000 (2023)
Cube Cowork, LLC, a limited liability company in Baltimore, MD, filed a Form C with the SEC on June 30, 2023 to raise $50,000 to $124,000 in debt through MainVest, Inc.. The offering closed on July 14, 2023. In its most recent fiscal year it reported $192,211 in revenue and $20,132 in net income, with 4 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.thecubecowork.com
- Funding portal
- MainVest, Inc.
- Address
- 6905 YORK RD, Baltimore, MD 21212
- Legal form
- Limited Liability Company
- Jurisdiction
- MD
- Incorporated
- September 13, 2016
- SEC CIK
- 0001971692
Offering terms
From the amendment filed June 30, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- July 14, 2023
- Portal compensation
- MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed July 25, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $192,211 | $8,500 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $20,132 | $-19,373 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $62,831 | $31,674 | sec.gov |
| Cash | $62,831 | $31,674 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $560 | $13,722 | sec.gov |
| Long-term debt | $741 | $309 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 25, 2023 | Progress update | $50,000 | $124,000 | July 14, 2023 | At the close of the offering, the issuer closed on $72,700. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| June 30, 2023 | Amendment | $50,000 | $124,000 | July 14, 2023 | Issuer is extending the deadline to make an investment. Issuer is also amending the target investment amount. Lastly, Issuer is amending the use of funds. | sec.gov |
| May 31, 2023 | Amendment | $100,000 | $124,000 | June 30, 2023 | Issuer is extending the deadline to make an investment. | sec.gov |
| April 11, 2023 | Offering | $100,000 | $124,000 | June 9, 2023 | sec.gov |
Updated July 25, 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.