Data / Crowdfunding / Oregon / CULMINATION BREWING Co
CULMINATION BREWING Co: crowdfunding raise on SMBX, Inc., $400,000 (2020)
CULMINATION BREWING Co, a corporation in Portland, OR, filed a Form C with the SEC on November 3, 2020 to raise $400,000 in debt through SMBX, Inc.. The offering closed on January 31, 2021. In its most recent fiscal year it reported $1,502,406 in revenue and $1,440 in net income, with 9 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
- culminationbrewing.com
- Funding portal
- SMBX, Inc.
- Address
- 2117 NE OREGON ST SUITE 600, Portland, OR 97232
- Legal form
- Corporation
- Jurisdiction
- OR
- Incorporated
- February 16, 2013
- SEC CIK
- 0001826909
Offering terms
From the amendment filed November 3, 2020.
- Security
- Debt
- Price
- $10.00
- Target
- $400,000
- Deadline
- January 31, 2021
- Portal compensation
- A 3.5% capital raise fee (up to$14,000) on the total amount raised will be paid to the intermediary for this offering.
Financials
From the Form C/A filed November 3, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,502,406 | $1,276,464 | sec.gov |
| Cost of goods sold | $1,019,672 | $813,314 | sec.gov |
| Net income | $1,440 | $-25,154 | sec.gov |
| Taxes paid | $33,235 | $20,341 | sec.gov |
| Total assets | $658,094 | $692,919 | sec.gov |
| Cash | $27,320 | $20,833 | sec.gov |
| Accounts receivable | $56,825 | $32,716 | sec.gov |
| Short-term debt | $457,933 | $501,767 | sec.gov |
| Long-term debt | $81,152 | $73,583 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 3, 2020 | Amendment | $400,000 | Not listed | January 31, 2021 | The Form C and Bond Prospectus have been updated to list the reliance on temporary relief disclosures. | sec.gov |
| October 23, 2020 | Offering | $400,000 | Not listed | January 31, 2021 | sec.gov |
Updated November 3, 2020. 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.