Data / Crowdfunding / Arizona / Driscoll Cuisine & Cocktail Concepts LLC
Driscoll Cuisine & Cocktail Concepts LLC: crowdfunding raise on Honeycomb Portal LLC, $25,000 to $80,000 (2023)
Driscoll Cuisine & Cocktail Concepts LLC, a limited liability company in Glendale, AZ, filed a Form C with the SEC on May 19, 2023 to raise $25,000 to $80,000 in debt through Honeycomb Portal LLC. The offering closed on June 2, 2023. In its most recent fiscal year it reported $36,110 in revenue and a net loss of $269,707, with 2 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
- driscollcuisine.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 3533 W TINA LN, Glendale, AZ 85310
- Legal form
- Limited Liability Company
- Jurisdiction
- AZ
- Incorporated
- June 10, 2019
- SEC CIK
- 0001971313
Offering terms
From the amendment filed May 19, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $80,000
- Deadline
- June 2, 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-AR filed May 1, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $36,110 | $57,538 | sec.gov |
| Cost of goods sold | $4,565 | $4,185 | sec.gov |
| Net income | $-269,707 | $-25,230 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $293,646 | $273,381 | sec.gov |
| Cash | $7,033 | $1,756 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $18,215 | $354,123 | sec.gov |
| Long-term debt | $1,728,641 | $27,227 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| June 13, 2023 | Progress update | $25,000 | $80,000 | June 2, 2023 | Total amount raised $25,250 | sec.gov |
| May 19, 2023 | Amendment | $25,000 | $80,000 | June 2, 2023 | Target end date changed. | sec.gov |
| April 14, 2023 | Offering | $25,000 | $80,000 | May 29, 2023 | sec.gov |
Updated May 1, 2024. 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.