Data / Crowdfunding / Texas / Dumpling Bros, LLC
Dumpling Bros, LLC: crowdfunding raise on NextSeed US LLC, $80,000 to $95,000 (2017)
Dumpling Bros, LLC, a limited liability company in Frisco, TX, filed a Form C with the SEC on May 17, 2017 to raise $80,000 to $95,000 in debt through NextSeed US LLC. The offering closed on July 3, 2017. In its most recent fiscal year it reported $216,060 in revenue and a net loss of $33,587, with 4 employees.
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- Website
- thedumplingbros.com
- Funding portal
- NextSeed US LLC
- Address
- 7253 RAWLINS LANE, Frisco, TX 75034
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- June 22, 2015
- SEC CIK
- 0001704250
Offering terms
From the offering filed May 17, 2017.
- Security
- Debt
- Target
- $80,000
- Maximum
- $95,000
- Deadline
- July 3, 2017
- Portal compensation
- NextSeed charges the Issuer 10% of the total offering amount as compensation for its services provided in connection with the offering, provided that NextSeed will only charge 5% for funds raised from investors referred by the Issuer.
Financials
From the Form C-AR filed April 27, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $216,060 | $127,441 | sec.gov |
| Cost of goods sold | $156,494 | $39,065 | sec.gov |
| Net income | $-33,587 | $31,504 | sec.gov |
| Taxes paid | $1,610 | $3,274 | sec.gov |
| Total assets | $84,445 | $42,284 | sec.gov |
| Cash | $10,678 | $1,849 | sec.gov |
| Accounts receivable | $18,958 | $0 | sec.gov |
| Short-term debt | $122,925 | $213 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| July 11, 2017 | Progress update | $80,000 | $95,000 | July 3, 2017 | The issuer has raised the maximum offering amount. | sec.gov |
| May 17, 2017 | Offering | $80,000 | $95,000 | July 3, 2017 | sec.gov |
Updated April 27, 2018. 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.