Data / Crowdfunding / District of Columbia / DC Brau Brewing LLC
DC Brau Brewing LLC: crowdfunding raise on SMBX, Inc., $50,000 to $250,000 (2022)
DC Brau Brewing LLC, a limited liability company in Washington, DC, filed a Form C with the SEC on February 1, 2022 to raise $50,000 to $250,000 in debt through SMBX, Inc.. The offering closed on February 28, 2022. In its most recent fiscal year it reported $3,807,307 in revenue and a net loss of $675,113, with 35 employees.
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- Website
- dcbrau.com
- Funding portal
- SMBX, Inc.
- Address
- 3178-B BLADENSBURG RD. NE, Washington, DC 20018
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- October 20, 2009
- SEC CIK
- 0001491281
Offering terms
From the amendment filed February 1, 2022.
- Security
- Debt
- Price
- $10.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- February 28, 2022
- Portal compensation
- As these bonds are being issued as part of the DC Rebuild Bond Program, SMBX will not be charging a capital raise fee for this offering.
Financials
From the Form C/A filed February 1, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,807,307 | $4,292,144 | sec.gov |
| Cost of goods sold | $1,435,297 | $1,363,824 | sec.gov |
| Net income | $-675,113 | $-396,413 | sec.gov |
| Taxes paid | $151,439 | $106,157 | sec.gov |
| Total assets | $4,431,167 | $4,623,424 | sec.gov |
| Cash | $110,128 | $220,463 | sec.gov |
| Accounts receivable | $66,492 | $116,698 | sec.gov |
| Short-term debt | $751,446 | $450,363 | sec.gov |
| Long-term debt | $2,466,905 | $2,285,131 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 1, 2022 | Amendment | $50,000 | $250,000 | February 28, 2022 | Amendments of Maximum raise amount from $2,000,000 to $250,000, Bond Maturity from 10 years (120 mos) to 5 years (60 mos), security from Secured to Unsecured, prepayment penalty from 1% to no penalty, and debt disclosure EIDL from $500,000 to $1,780,000. | sec.gov |
| September 17, 2021 | Offering | $500,000 | $2,000,000 | February 28, 2022 | sec.gov |
Updated February 1, 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.